At some point people are going to realize that putting their trust in government is extremely misplaced.
Pension funds all over the country are still severely underfunded and that is with a record stock market. Even if the DOW hits 40K, they will still have a shortfall. A market crash would absolutely crush these funds.
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Yea pension funds are horribly mismanaged. There's so many back handed deals going and I remember what happened when the stock market crashed when the virus started spreading. Even now, those poor pension funds are using lawsuits to grab back some of the money they lost to risky assets.
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The fund managers really should be taken out and shot.
People who trust the government or the crooks they get in business with are going to end up really hurt.
And frankly, serves then right for believing the bullshit politicians and bureaucrats told them.
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