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The other thing is that we’re going to have many more elderly people who outlive their savings in the coming generation.
The only good thing in all this was that watching their struggles impressed upon me at an early age the importance of savings, so even at my most destitute I’ve never chosen not to.
At the end of the way, people will need to accept that for the time being you either belo yourself first or you will suffer without recourse.
With that being said, we all can and must shill for structural reform even if the fight is futile.
I always tell people: You can look at the last 44 years and know definitively that, at least in an economic sense, no one you’re voting for cares about your welfare.
So instead of donating your money to political candidates, who have billionaires backing them and don’t need your money, save or invest that money instead.
At least your investments will have some measure of representation.