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RE: Now We May Be At The Cusp Of A Major Correction In The Stock Market and Housing. By Gregory Mannarino

in #money8 years ago

Greg: where this thing is really going to get ugly is all the people who think they are guaranteed government pensions and really believe they are going to get them. I have friends everywhere hitting retirement age with these pensions who think they're set for the rest of their life. When I try to talk to them they tell me things like "it's in the state charter they have to pay me"! Really?? Most have saved very little or even planed over the years for retirement. They have never known anything but a guaranteed paycheck every week of their lives. Stay tuned.