401K stock market bubble, fictitious highs due to Fed pumping, 10,000 Baby Boomers retiring per day, low savings, 22% real unemployment, the US Dollar about to lose its status as the World's Reserve Currency - all of this is a recipe for disaster.
As health insurance costs for retiring Baby Boomers goes ballistic due to ObamaCare, more and more and more money will be withdrawn from the stock market so that aging Boomer can survive - literally. Medicare Advantage is now being cut, and the cuts will only get worse. As people get sick, they will have to rely on their own money to relieve pain and suffering for themselves, or a loved one.
The younger workers don't even have the same capacity to invest as the older generation did. The money that everyday workers (not professional investors) threw into the stock market to help inflate prices won't be there. Fed Pumping has also led to a bomb of flamed gasoline that is ready to explode. "Financial Advisers" wave their hands and tell everyone that this will never happen, because all Boomers won't retire at the same time. They never figured on ObamaCare ruining the financial lives of millions of people.
Exactly...the health insurance (healthcare) costs will destroy nearly everyone.
This is not by accident. I keep trying to tell people that it is an asset grab...the “middle class” owns too much. They are going after the real estate, farm ground, etc. that is owned by the populace...they are doing it by bankrupting all of us via healthcare.
They are already signing up unsuspecting dupes to Medicaid...these people have no idea that their assets will be seized upon their death. Next up: making medical bills “unbankruptable”...they did it with student loans...they will do it with medical bills shortly.
“Medicare Advantage is now being cut...”
Here again, a program funded by compulsory taxation, paid into by hard working folks throughout their lives, is being cut while Medicaid is being expanded?