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+--- Thread: How can the stock market crash affect the younger generation as we have to work till we are 90 anyway? (/thread-52004.html)
How can the stock market crash affect the younger generation as we have to work till we are 90 anyway? - dumbbbuttthole - 12-17-2012 08:37 PM
We have been told Social Security and Medicare will be long gone for the x generation- so very little of this will affect us the next 60 years as they will probably bring about a new world order of doing things anyway.
- oldnodd - 12-17-2012 08:45 PM
When things get really bad it takes several decades for money to flow freely again. When it does there will still be cautious attitudes. Following that will rise the high flyers and entrepreneurs. AND then...another fall! Of course it will have significant effect on you throughout your lifetime. A new world order is to be expected regardless as change is constant. Just how tight this new world order will guard its money is the open question. People may go back to buying a home when they are young and living in it for the rest of their lives!