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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (150512)9/3/2019 8:37:30 PM
From: TobagoJack1 Recommendation

Recommended By
marcher

  Read Replies (1) | Respond to of 217764
 
apparently, according to my canada pal, the low interest rate protocol in the macro arena is accelerating the culling of the macro underpinning of the older folks on fixed income and cash savings

criminal

am wondering what happens when the plane is doomed, but for its 200 passengers there are only 10 parachutes

I quote,

"Start to get other anomalies in system as well

Property tax bills start to kill the old as no interest income (if have savings) to pay.

Retirees start to defer taxes as cost to do so is quite moderate and govt basically taking security in housing stock to be paid when owner dies or sells

And if no inflation in house prices.
Equity will all have been eaten !

Indirectly another case of forced consumption and reduced saving"