Fried_out_Kombi@lemmy.world to Political Memes@lemmy.worldEnglish · 20 days agoThe absolute state of online housing discourselemmy.worldimagemessage-square78fedilinkarrow-up1355arrow-down180
arrow-up1275arrow-down1imageThe absolute state of online housing discourselemmy.worldFried_out_Kombi@lemmy.world to Political Memes@lemmy.worldEnglish · 20 days agomessage-square78fedilink
minus-squareRangerJosie@lemmy.worldlinkfedilinkEnglisharrow-up7arrow-down1·18 days agoWell, it’ll ding them. But the ones hurt worst will be those invested in the ponzi scheme that is the american retirement system. Like at my last job my tiny nothing of a 401k was invested in mortgage holdings. Had the bubble burst then all my money would be gone. “Marginal Utility” - $10,000 is a lot to me. Its not worth stooping over to pick up for a Blackrock Exec.
Well, it’ll ding them. But the ones hurt worst will be those invested in the ponzi scheme that is the american retirement system.
Like at my last job my tiny nothing of a 401k was invested in mortgage holdings. Had the bubble burst then all my money would be gone.
“Marginal Utility” - $10,000 is a lot to me. Its not worth stooping over to pick up for a Blackrock Exec.