Seniors and retirees worked a lifetime to save for security and a time when they are no longer able work.
As the famous slogan from the American Federation of Labor goes, “too old to work, too young to die, How am I supposed to get by”
The answer of course is one saves. But why should you, or any retiree anywhere in the world, save a depreciating asset? And why should your saved work (pensions and savings) suffer depreciation at all?
This may be the only place to read about how this happens. You will need to take personal responsibility for why it is happening – and what you can do to protect yourself and help remedy our fraudulent and dishonest financial system.
Your first defense is information. Most of this is information you cannot get elsewhere. You need to learn about protecting yourself and anything promised to you, and you need to share this information with your friends.