“A theme that is little explored in the Western mainstream press is that retirement has all but collapsed for many in the middle classes. We have in the past called this condition ‘dreamtime’ – for it was built on central banking initiatives and fostered by central banking super-money printing. The idea was that the stock market was going to go up and up – and people would be able to take retirement based on their own investment initiatives. In Europe, state-fostered retirement provided a slightly different model. But the main issue in both the US and Europe was that an entity larger than the individual was going to manage the realities of retirement.”
http://www.thedailybell.com/28843/The-Retirement-Crisis-That-Must-Not-Be-Mentioned
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