Government coercion based on tax "incentives." If it weren't for the Gestapo, I mean IRS, 90% of the people would never have a 401k, and all those poor bankers and brokers would be out of jobs.
I got 25 % percent return over time, less 30% capital gains, less 20+% of gross in fees, and a net loss of 30-50% for inflation over the period. Awesome, dude!
Very true.
The banks not only have a powerful lobby, they basically operate as a "Shadow Government" today - not only in the US but all over the world.
And they have used every law, scheme, and coercion they could dream up to get people to contribute Trillions into the markets.
And now that millions of baby boomers are cashing in - it might just be time to crash the markets. And it is all manipulated, no matter what anyone tells you.
The Plunge Protection Teams (PPTs) are not conspiracy, they are a reality. In the same way, there are plans to crash the markets.....at the right time.