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Originally posted by deadbang
People who scream "Let It Crash" scare the hell out of me, they obviously have no idea the work and long term commitment it takes to save for retirement. They are just looking for a fast reset of the game.
Originally posted by deadbang
reply to post by Xtrozero
Could not agree more X, the folks who will be hurt the most are you and I, middle class people who have spent whole careers saving and investing in our 401ks etc, and in a split second it could all be gone.
I have played by the rules, raised a family, saved when I could and most importantly tried to spend my money wisely, which meant telling those I love on many occasions NO, I cant afford to buy you that.
People who scream "Let It Crash" scare the hell out of me, they obviously have no idea the work and long term commitment it takes to save for retirement. They are just looking for a fast reset of the game.
I personally do not want to live off the governments largess, I planned for my old age, and I want to enjoy the fruits of my labor, it's not a fortune, but I am proud of it, it says something about me (and my wife) and others like us who take life seriously.