Lee Duna@lemmy.nz to News@lemmy.worldEnglish · 1 year agoMore retirement savers are borrowing from their 401(k) plan. Those are ‘leading indicators of economic stress,’ expert sayswww.cnbc.comexternal-linkmessage-square26fedilinkarrow-up1209
arrow-up1209external-linkMore retirement savers are borrowing from their 401(k) plan. Those are ‘leading indicators of economic stress,’ expert sayswww.cnbc.comLee Duna@lemmy.nz to News@lemmy.worldEnglish · 1 year agomessage-square26fedilink
minus-squareVubDapple@lemmy.worldlinkfedilinkarrow-up12·1 year agoI think they’re saying that these “nice things” are purchased with more debt.
minus-squareZorque@kbin.sociallinkfedilinkarrow-up8·1 year agoAh, so instead of “Some people are doing fine, thus everyone is doing fine” it’s “some people have poor money management skills, thus everyone has poor money management skills”. Either way it’s a pointless generalization based on personal bias.
I think they’re saying that these “nice things” are purchased with more debt.
Ah, so instead of “Some people are doing fine, thus everyone is doing fine” it’s “some people have poor money management skills, thus everyone has poor money management skills”.
Either way it’s a pointless generalization based on personal bias.