I already gave you the simple reason that investing in the stock market via your IRA or 401K isn't the same thing as having personal savings. Personal savings are available for your own capital investments in your own business, for one thing, and money in retirement accounts isn't. Personal savings are available for your children's education (and your own), and money in retirement accounts isn't. Personal savings are available to buy a new house, and money in retirement accounts isn't. These are all important parts of the economy, and without personal savings, people have to borrow money to pay for them.
However, if you've got a BA from Skidmore I hardly think you wrote a thesis in "Japenese Business culture," (sic) at least, not as a thesis is ordinarily defined. And I think calling someone a "useless, blood sucking ambulence (sic) chaser" is far nastier than saying that they can't spell. So I don't think I care to discuss things any further with you. And, by the way, it's spelled "Japan." Thought you should know.
I was rude to tell you that your spelling is very poor. I don't think dyslexia is an excuse, though, SI has a spell-check. |
