[oh8eleven]

All the 401K- and IRA-dependent retirees will now have to re-join the workforce.
Nonsense. A market crash doesn't automatically force people out of retirement.
Most retirees who depend on their IRAs for income, will either adjust their monthly withdrawal down, or just wait for the principle to rebound with the market.

[ReaganGeneration2]

“market crash doesn’t automatically force people out of retirement.”

Correct. Especially if they would allow deflation. But with the debt levels the nation-states have, and the politics of “full employment”, forget it. There are many Trillion$ in reserves to let loose!