How are wagies going to react when the AI bubble pops and sends all their 401ks to zero?
>>61442799wagies and anyone with 20+ years of waging left in their lives won't give a fuck. the boomers on the other hand . . .
>>61442799Swiss people are so stupid. Thankfully Im a smarter one!>Swiss pension plans, particularly public ones like the AHV compensation fund (around 40 billion CHF) and various occupational pension funds (BVG/Pensionskassen), increasingly use US banks such as State Street, J.P. Morgan, and others as custodians (Depotbanken) for asset safekeeping. This shift, often justified by lower costs and advanced technology compared to Swiss providers like UBS or Credit Suisse, has raised concerns in Switzerland about geopolitical risks. For instance, since summer 2024, the AHV/IV/EO funds managed by Compenswiss have been custodied by State Street's Munich branch, though US law could compel asset freezes in sanctions scenarios.
>>61442799Looking forward to the sad old people that shit on us millenials and zoomers, aww the system fucked you, well time to boot strap up and go shake some hands
Luckily I'm not an american, so I can sell all my investments in my accounts including my pension and sit in cash/money market funds.I've seen enough to know that next year is going to go to shit so I plan on doing this early Q1.
>>61442799>invest in deeply evil system that hates you>it screws you over??? What no this can't be happening
>>61442799>write a tweet/bluesky post about how billionaires have ruined our lives again>go back to work on Monday morning to try earn it all backSame as it ever was. They’re spineless faggots
>>61443053boomers are gonna get bailed, at your expense.
AI is literally the only thing going in the world at the moment. Even if it's trash it's going to keep being a thing for at least two decades.Social media was trash and that's still going strong.
>>61443040>switzerland>sanctionsdude you are the faggot country by definition, you won't do shit ever and you perfectly know ityou are just rape babies of the french, the german and the italian BVLLS
>>61442799It doesn't really matter, Wagies will wake up and go to work the next day, that is what they do.
>>61442804>wagies and anyone with 20+ years of waging left in their liveswill react to babbies first market crash like panicked little lemmings as their 401k's drop from $30k to $15k>the boomers on the other hand ...Will not give a fuck, since they've lived through the market crashes of 1987, 2000, and 2008, and notice that their 401k values dropped to (checks stock history) to 2023 values.
>>61442799But I already cashed out 2 401ks and spent the profits on physical silver.
>>61442804Boomers keep tons of cash and boomer rocks on hand, it's middle aged 'lennials that will get fucked hardest
