A major reason this outrageous situation has evolved the way it has is because Wall Street brazenly steals money from the rest of America, in large part through the 401k scam, and has actually talked J6P into believing he’s receiving a service from them! That’s why the money is concentrated in NY to bid these things up to the stratosphere.
401(k) scam? My father retired with over $1MM in his. Hardly a scam. Mine is doing damn fine as well.
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