minus-squareQuarkVsOdo@lemmy.worldtopolitics @lemmy.world•Risk of ‘Trumpcession’ rising, economists say, as global markets falllinkfedilinkarrow-up3·1 day agoAnother problem is that down to lower class the americans invest for their retirement. If he wipes out the people’s lifetime savings, they can’t afford to retire and got to work longer - even if the recession is driving inflation down. linkfedilink
minus-squareQuarkVsOdo@lemmy.worldtopolitics @lemmy.world•Risk of ‘Trumpcession’ rising, economists say, as global markets falllinkfedilinkarrow-up6arrow-down3·1 day agoIf you are overall green now… sell. He is going to make it worse. linkfedilink
Another problem is that down to lower class the americans invest for their retirement.
If he wipes out the people’s lifetime savings, they can’t afford to retire and got to work longer - even if the recession is driving inflation down.