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#401ks — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #401ks, aggregated by home.social.

  1. The debt taken out to fund the data center boom has already been repackaged to financial SPV’s and sold to 401k retirement funds as bonds.

    If the power, water, and usage to these plants fails to materialise, which physics says it will, those bonds will lose value.

    The tech bros already outsourced their losses to US retiree’s pensions.

    Source:
    youtube.com/watch?v=sQGZXrzykpU

    #datacenters #401ks #retirement #funds #pensions

  2. The debt taken out to fund the data center boom has already been repackaged to financial SPV’s and sold to 401k retirement funds as bonds.

    If the power, water, and usage to these plants fails to materialise, which physics says it will, those bonds will lose value.

    The tech bros already outsourced their losses to US retiree’s pensions.

    Source:
    youtube.com/watch?v=sQGZXrzykpU

    #datacenters #401ks #retirement #funds #pensions

  3. The debt taken out to fund the data center boom has already been repackaged to financial SPV’s and sold to 401k retirement funds as bonds.

    If the power, water, and usage to these plants fails to materialise, which physics says it will, those bonds will lose value.

    The tech bros already outsourced their losses to US retiree’s pensions.

    Source:
    youtube.com/watch?v=sQGZXrzykpU

    #datacenters #401ks #retirement #funds #pensions

  4. The debt taken out to fund the data center boom has already been repackaged to financial SPV’s and sold to 401k retirement funds as bonds.

    If the power, water, and usage to these plants fails to materialise, which physics says it will, those bonds will lose value.

    The tech bros already outsourced their losses to US retiree’s pensions.

    Source:
    youtube.com/watch?v=sQGZXrzykpU

    #datacenters #401ks #retirement #funds #pensions

  5. The debt taken out to fund the data center boom has already been repackaged to financial SPV’s and sold to 401k retirement funds as bonds.

    If the power, water, and usage to these plants fails to materialise, which physics says it will, those bonds will lose value.

    The tech bros already outsourced their losses to US retiree’s pensions.

    Source:
    youtube.com/watch?v=sQGZXrzykpU

    #datacenters #401ks #retirement #funds #pensions

  6. hey #MAGAts your #führer is talking about your #401Ks being up and you are "more wealthy".. what's that you say.. you don't have a #401K? Well you voted for the fat, lying bastard bubba!

  7. hey #MAGAts your #führer is talking about your #401Ks being up and you are "more wealthy".. what's that you say.. you don't have a #401K? Well you voted for the fat, lying bastard bubba!

  8. 1. Give your friends notice that you are announcing massive #tariffs. Let them sell.
    2. Announce tariffs. Stock markets plunge.
    3. Give your friends notice that you are going to pause tariffs. Let them buy.
    4. Announce a pause.
    5. Profit both ways!

    Yet another way for the #oligarchs to steal from the middle class who keeps a lot of their retirement money in #401ks.

    If you are rich, they let you do anything!

  9. 1. Give your friends notice that you are announcing massive #tariffs. Let them sell.
    2. Announce tariffs. Stock markets plunge.
    3. Give your friends notice that you are going to pause tariffs. Let them buy.
    4. Announce a pause.
    5. Profit both ways!

    Yet another way for the #oligarchs to steal from the middle class who keeps a lot of their retirement money in #401ks.

    If you are rich, they let you do anything!

  10. Once, workers had "#DefinedBenefitsPensions," where employers promised to pay a certain amount every year from retirement to death. #JimmyCarter swapped that out for #401Ks, "market" pensions where you have to guess which stocks will be valuable or starve in your old age:

    pluralistic.net/2020/07/25/der

    -

    If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

    pluralistic.net/2023/11/08/fid

    1/

  11. Once, workers had "#DefinedBenefitsPensions," where employers promised to pay a certain amount every year from retirement to death. #JimmyCarter swapped that out for #401Ks, "market" pensions where you have to guess which stocks will be valuable or starve in your old age:

    pluralistic.net/2020/07/25/der

    -

    If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

    pluralistic.net/2023/11/08/fid

    1/

  12. Here is a personal belief of mine to explain why the #stockmarket is crashing even though it doesn't feel like it and, outside of tech bubble places, no one is losing their jobs. In fact, basically every non-tech bubble company is hiring right now.

    The #babyboomers are retiring. Millions and millions and millions of people have been saving in investments, #IRAs and #401Ks (& equivalents) for decades. Now they are all trying to sell their investments for #retirement cash.