The 100% stonk multi millionaire commenters disappeared as fast as a blockchain startup in the last 4 months. Now, all the commenters are receiving some kind of pension, usually government. It looks like the ones who are underwater don't comment & the ones above water want to brag, so you just see whoever is on top at the current moment & never see anyone underwater.
Suspect the multi millionaire commenters were all in really high risk real estate & stonks that plunged. The S&P didn't go down enough to wipe out the passive investors, but the passive investors weren't rich enough to bother commenting either.
Another dip bounce & the bear market is firmly 15% below the all time high. Based on Bide not changing Trump's policies, tariffs are going to be generational & inflation is going to melt up. Government statistics being what they are, we won't see the official index show any inflation. When oil historically rose, it had the effect of higher interest rates, reducing spending on the opposite end of the seesaw.
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Started pondering what would happen if the government allowed us to take arbitrary amounts of social security up to the limit instead of requiring us to take the limit. Then it would adjust the limit based on our past distribution.
It would be a compromise between those saying take it as soon as possible & those saying defer it. The fact is most animals these days are not retiring & taking it before 65. 65 seems to be the magic number. They're either deferring it to avoid penalties from working or taking it early & paying penalties.
Reinvested $1/4 mil in emergency COVID grants & $1/3 mil in proceeds from a ZIRP mortgage into a nursing business, then sold it for $12 mil & retired. Taxpayers paid their fair share with this one, indeed. Why do voters think these economic stimulus packages are going to struggling farmers? Year after year, they're told where the money goes, yet they keep thinking it's going to starving artists.
The internet of course screams, "but the government raked in all the economic growth & taxes from his business". If only the fast food workers who paid for that business were ever going to work for the government or collect a government pension.
The other democrat slogan is "the government pensions are self funded". Pennies from heaven indeed. All the government's money comes from uncle sam's Tesla stonk while the taxes & bonds are just thrown away. Pensions are guaranteed in a stonk market crash from democrat Jesus. There's just no concept of where the government gets money.
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