Quote:
Originally Posted by Traum
That is a selfish and irresponsible reply to those who lost their shirts in the last recession. It is true that a lot of us are not at the retirement age, but how much of the population is? A quick check at Stats Canada says that 43.6% of the population is 45 or older, and 36% of them are 50 and above. If they put their retirement funds into the subprime investment vehicles and derivatives because the rating agencies gave these products a triple A rating, are you just gonna tell them "too bad, so sad"? If the game is not rigged, the SEC wouldn't have penalized the big rating agencies with record fines.
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I can't even respond to such a stupid response. It's almost like u have no idea how the world works.