The recent selloff in the stock market has resulted in $3 trillion getting erased from US retirement accounts.
It’s only going to get worse. This is just the beginning of the market turmoil. The only reason the stock market kept going up over the past several years was because of gazillions of dollars that was getting pumped into it by the Fed. They have now taken this away to try and fight inflation and the market is collapsing from it.
Retirement is a pipe dream for most people now. In the coming years, many will just be thankful that they have enough money to afford food and basic essentials as this collapse unfolds.
This has all been done intentionally and the )ews who have been pulling the strings on this have a senile vegetable to blame it all on.