by Investor101 » Mon Oct 23, 2017 2:46 pm
I don't know when and how we have arrived here. A decade of ultra low interest is killing the savers. Being forced to seek return in much riskier markets such as stocks, houses, start ups, regular people like you and me are struggling to keep up. Think about what we have to compete with, wall street professionals, company insiders, bankers, AI. The odds of winning? probably not on our side. Consequently the rich got richer and the poor got poorer because if you already got the capital and exclusive resources you are in leading position for astronomical returns. Without, since saving is no longer an option for the massive, the only thing left to do is to work until 70. So the gaps are getting bigger and bigger not only due to income inequality, health care crisis, debt level... Oh those still are happening and not going away anytime soon. It is just on top of all every person has to deal with this cold reality - capital itself finds value and adds value to itself perpetually
I don't know when and how we have arrived here. A decade of ultra low interest is killing the savers. Being forced to seek return in much riskier markets such as stocks, houses, start ups, regular people like you and me are struggling to keep up. Think about what we have to compete with, wall street professionals, company insiders, bankers, AI. The odds of winning? probably not on our side. Consequently the rich got richer and the poor got poorer because if you already got the capital and exclusive resources you are in leading position for astronomical returns. Without, since saving is no longer an option for the massive, the only thing left to do is to work until 70. So the gaps are getting bigger and bigger not only due to income inequality, health care crisis, debt level... Oh those still are happening and not going away anytime soon. It is just on top of all every person has to deal with this cold reality - capital itself finds value and adds value to itself perpetually