Rshermr
VIP Member
- Thread starter
- #41
Actually, posting an economic argument with ed the troll involved is a waste of time. Ed is a simple cut and paste con troll. If you are looking for intelligent life, you are going to be disappointed.Bull, the effects I lined up are valid and have been valid, in that order.now, now ed. I want the "maths". But nice try. You need to work on your cut and paste, idiot.Okay, want maths? Here it is. What is 5.4 % of a 10 trillion dollar economy? Then leverage that by a factor of 10, which is conservative in general banking terms. No wonder the global derivative markets are ~ 6 times the total GDP of the entire world.The entire nation of the USA puts about 20 % of its income into these 401k/IRA accounts. .
entire saving rate 5.4% including 401/ira. Sorry to rock your liberal illiterate world !!