A Boring Dystopia

13858 readers

264 users here now

Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.

Rules (Subject to Change)

--Be a Decent Human Being

--Posting news articles: include the source name and exact title from article in your post title

--If a picture is just a screenshot of an article, link the article

--If a video's content isn't clear from title, write a short summary so people know what it's about.

--Posts must have something to do with the topic

--Zero tolerance for Racism/Sexism/Ableism/etc.

--No NSFW content

--Abide by the rules of lemmy.world

founded 2 years ago

MODERATORS

givesomefucks@lemmy.world

216

BlackRock CEO Larry Fink said America could dodge a ‘retirement crisis’ by encouraging people to work longer (news.yahoo.com)

submitted 2 days ago by FlashMobOfOne@lemmy.world to c/aboringdystopia@lemmy.world

48 comments fedilink hide all child comments

BlackRock CEO Larry Fink caused quite a stir when he suggested America could dodge its looming “retirement crisis” by encouraging people to continue working past age 65.

The billionaire, who chairs the world's largest asset management firm, kicked off his 2024 annual letter to shareholders by telling his readers it is “time to rethink retirement.”

He raised the point that more Americans are retiring and their retirements are increasing by length. This, he claims, is having a “massive impact on the country’s retirement system” — specifically the nation’s Social Security coffers, which are quickly running out of money.

you are viewing a single comment's thread
view the rest of the comments

[–] makyo@lemmy.world 37 points 2 days ago* (last edited 2 days ago) (1 children)

With all the productivity gains in the last 50 years we should be working shorter work weeks and retire earlier.

That this discussion is even happening just goes to show how the rich have pulled the wool over our eyes.

[–] droans@midwest.social 6 points 2 days ago

That's stupid, that could cut the stock market by a percent or two!

What kind of motion would rather have a better life instead of seeing numbers arbitrarily go up?!