7 minutes ago, nauseus said:

Just about everywhere.

My congratulations, you are the clear winner of the most fact-free post on this thread.

1 hour ago, davb said:

A lot of middle class people have 401K plans and pensions, both of which are highly dependent on the stock market.

I get angry thinking about it. They intentionally jacked-up the stock market with 401k - suddenly all of these people sent a portion of their money into the stock market each pay period, regardless if it was a good idea or not, buying companies that may or may not deserve it. Stocks went up, but it was because of everyone now buying in. Approaching Ponzi scheme territory.

I look at it differently........"A 401(k) is an employer-sponsored retirement savings plan that allows employees to invest a portion of their paycheck, often before taxes are deducted, to save for the future. It offers significant tax advantages—either immediate tax breaks or tax-free withdrawals in retirement—and often includes employer-matching contributions, essentially providing free money.

In addition the majority of the money is invested in Passive funds, rather than active funds and over time Passive funds tend to outperform Actively managed funds. "Over a 20-year horizon, passive funds (index trackers) generally outperform the majority of active funds, primarily due to lower fees and consistent market-tracking returns. Studies, such as those from S&P Global, show that less than 5% of U.S. active managers beat their benchmarks over 20 years, largely because higher fees, such as 0.75% for active vs. lower for passive, compound over decades".

6 minutes ago, Hawaiian said:

Are you implying that cheaper gas means more consumption? Not necessarily true.

Cheaper gas encourages people to buy gas-guzzling behemoths.

The average passenger vehicle mass in America is just under 2000 kg. In Europe, it's 1350 kg.

You do understand higher vehicle mass means higher fuel consumption, yes?

13 minutes ago, Lacessit said:

My congratulations, you are the clear winner of the most fact-free post on this thread.

Well let's look at your $8 trillion added to government debt claim. How can you demonstrate that as fact?.