Comment on How is the Stock Market keeping it's value after *points to everything*?
NocturnalMorning@lemmy.world 2 days ago
It’s called 401ks, literally anyone with a 9-5 job has one. The entire retirement system was designed to keep people invested in the stock market and betting on it.
satans_methpipe@lemmy.world 2 days ago
Ya beat me to it. Working class people got tricked into turning over their income to be a floor for the US stock market. I always decline 401k benefits at corpo jobs and I love the looks of bewilderment and attempted lectures I’ve received. It’s pretty obvious that HR or someone gets kickbacks for enrolling new employees.