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triceratops
6 months ago
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Denmark to raise retirement age to 70
> Hollowing out revenue while improving productivity still results in a lower asset price because your cashflows are smaller
And that's fine because it means consumption is lower too.
missedthecue
6 months ago
[–]
Ok but good luck saving for retirement when your investments are basically guaranteed a 2% decline every year.
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And that's fine because it means consumption is lower too.