Extracts:
- The tragedy with very low yields on stocks, real estate, bonds and zero deposit rates is that the super saver has very little income to retire on.
- For those savers whose returns are not higher than the inflation rate, they will share the burden of the inflation tax.
- What is quite clear is that most of the world is going to pay for this crisis. So, please send a Christmas card to those Wall Street bankers who are enjoying record bonuses to remind them that all of us are paying for their party.
No comments:
Post a Comment