Quote:
Originally Posted by Vaive
For the last 3-5 years everything's been in a bubble. Housing, stocks, bonds, classic cars. Name an asset, I'll show you a bubble. At some point it will all collapse. Question is, will it happen tomorrow, 6 months from , 12 months? Who knows. As the old saying goes, a market can be irrational longer than you can stay solvent.
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That's because boomers have all the money. They literally control 70% of disposable income while the rest of us are ****ed.
https://www.usnews.com/pubfiles/USNews_Market_Insights_Boomers2015.pdf