The world is overburdened with debt. The world economies, ours included, is trying to de-leverage with a deflationary depression. The world’s bankers are trying to print fiat money to delay this collapse. So far they are delaying the collapse but all of our combined trillions of dollars are going down a rat hole, producing nothing. All these many trillions of dollars are needed just to keep the world economies stagnating. Without all the printing, we would be deflating toward economic depression.
Promises that were made on an industrial scale, over the course of generations, will be broken, on an industrial scale, over a period of years or perhaps even mere months.
There will be much wailing and gnashing of teeth.
I know it is a terrible time to try to retire. It just looks totally bleak.
There are no returns on investment to speak of this year or last for that matter.