Well, for starters, this obliterates most people’s retirement plans, so that’s a bit of a hurdle.
That aside, what would happen is private equity firms and investment banks simply buying up most public companies, so I don’t really see the grand improvement here.
Well, for starters, this obliterates most people’s retirement plans, so that’s a bit of a hurdle.
That aside, what would happen is private equity firms and investment banks simply buying up most public companies, so I don’t really see the grand improvement here.
I hate so much this talking point:
the system has captured the retirements, so we can’t abolish it.
Like if we need this load of bull to support retirement, we should rethink everything from the ground up.