That's what I feared anyway.
Even if there hadn't been a baby boomer bulge, this is saying: -that prices would keep rising even though stocks would become obviously overvalued. So retirement money would end up going into the fund of lowest return. -the inflow would always greatly exceed the outflow.
You are what you choose to believe... Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi
Except that a lot of people drank that kool-aid. The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman
