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Money and Finances
Reply to "I am NOT complaining- But why is the Market still not significantly down?"
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[quote=Anonymous][quote=Anonymous]People are still sitting on a lot of cash to invest. And even though people have lost jobs, their spouses job is enough to support the family, especially when they no longer have to pay for aftercare or daycare. I realize all that sounds privileged but it’s from what I know in our family and extended families. We’re all middle class. [/quote] I agree with this take. There’s also a lot of money in the hands of retirees. I mean my parents won’t let my kids become homeless. Also think a financial crisis is a real possibility. It’s why I live in an home that needs lots of work. Taking on house debt feels unwise. [/quote]
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