A Boring Dystopia

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Typical US worker has less than $1,000 saved for retirement, report finds (www.nirsonline.org)

submitted 3 weeks ago by return2ozma@lemmy.world to c/aboringdystopia@lemmy.world

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[–] partial_accumen@lemmy.world 1 points 3 weeks ago

Unless everyone has YOLO'd their entire retirement into NVIDA the AI bubble burst isn't going to wipe out retirement savings to zero. Even the worst drop in the US stock market in history (which triggered the great depression) eventually dropping 90% at its worst recovered nearly half loss in 2 years. Even that drop wasn't in one day, it happened over months.