How did the world start to turn ugly and to show its gloomiest parts and to put in light and to put to light of day the darkest sides of humanity?
Because of the COVID-19 worldwide pandemic?
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Picklebobble2 · 56-60, M
Because the Boomers got it all wrong !
They invested in all the wrong areas of business and then watched it all come undone as the stock market underperfomed repeatedly during their working lives.
The emphasis on 'small government' meant big business didn't pay it's fair share of taxation and then covid hit and there were no protections in place anywhere for anyone.
Now boomers are being warned their retirement provision is a lot less than required (way too late by the way) and they face possible poverty at the end of their lives because gen.X has been working minimum wage jobs their working lives and can't cover the shortfall.
It's a salutary lesson in how not to do economics
They invested in all the wrong areas of business and then watched it all come undone as the stock market underperfomed repeatedly during their working lives.
The emphasis on 'small government' meant big business didn't pay it's fair share of taxation and then covid hit and there were no protections in place anywhere for anyone.
Now boomers are being warned their retirement provision is a lot less than required (way too late by the way) and they face possible poverty at the end of their lives because gen.X has been working minimum wage jobs their working lives and can't cover the shortfall.
It's a salutary lesson in how not to do economics