tag:blogger.com,1999:blog-8358039.post8933028644838500875..comments2024-03-25T15:17:04.488-07:00Comments on Captain Capitalism: Baby Boomer EconomicsCaptain Capitalismhttp://www.blogger.com/profile/05620212946121617985noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-8358039.post-12424287466824843482013-04-14T08:23:33.115-07:002013-04-14T08:23:33.115-07:00For the less economically astute of us, can someo...For the less economically astute of us, can someone explain the significance of the increase in loans from the retirement funds and what it portends for the future?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-82703719237412280432013-04-14T04:23:17.776-07:002013-04-14T04:23:17.776-07:00Yes loans, but I would like some stats on 401ks th...Yes loans, but I would like some stats on 401ks that are being cleared out permanently, like mine. I didn't need a loan - just figured tangibles would be better, and my tax rate will probably be higher if I live to retirement age anyway even if my income is lower, so it was really just weighing the 10% penalty with the prospect of trusting that it wouldn't be raided in the next 20 years. Not a tough decision for me. Something has to snap soon.Redneck Joenoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-48965695496898832342013-04-13T06:09:53.140-07:002013-04-13T06:09:53.140-07:00Don't give Goldman Sachs any ideas. Those bast...Don't give Goldman Sachs any ideas. Those bastards will find a way to create unsecured trillions of derivatives from nursing home visit securities. Then when that bubble pops, we'll be on the hook for it thanks to the revolving door in and out of government. Eric S. Muellerhttps://www.blogger.com/profile/11378001500010545127noreply@blogger.comtag:blogger.com,1999:blog-8358039.post-32164582231030713042013-04-13T02:36:28.671-07:002013-04-13T02:36:28.671-07:00Also relevant, from the guy who wrote the famous e...Also relevant, from the guy who wrote the famous essay The Misandry Bubble.<br /><br />Why Baby Boomers Will Have a Troubled Retirement<br />http://www.singularity2050.com/2012/03/why-baby-boomers-will-have-a-troubled-retirement.html<br /><br />Basically says that due to feminism and Marxist culture, the younger generation stopped marrying and stopped buying houses. And thus, there were no younger people to buy the houses from the baby boomers, hence the housing crash.<br /><br />Marxists, liberals, feminists will destroy themselves. John Rambonoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-75079280976770397492013-04-12T19:22:40.532-07:002013-04-12T19:22:40.532-07:00They must smell the deflation coming. What the hel...They must smell the deflation coming. What the hell happened to gold today...Anonymousnoreply@blogger.com