For those who still believe that your retirement nest eggs are safe and above reproach, you may want to think again. I ran across an article about thousands of retirees in France protesting about how their retirement pensions were being fleeced in order to satisfy a nationwide tax hike. You'd think that there would be a similar protest over here in the U.S. since our retirement nest egg has been raided and pillaged via Social Security(what's left of it) and the 2007-2008 Economic Crash (401k depreciation). However, many Americans are still mesmerized by the illusion that the government will take care of them after they turn 65. The majority of European nations like Greece, Cyprus and now France are already experiencing the early stages of economic collapse/social deterioration due to government mismanagement. It's just a matter of time before the American people wake up out of their trance and start rioting nationwide.
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November 2022
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