Off-Topic: The Fix
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Name:   Lady The author of this post is registered as a member - Email Member
Subject:   The Fix
Date:   3/10/2010 4:35:25 PM

40 million people x $1 million each = $40 trillion dollars.

40 million used cars in the market would flood the used car market. Most people over 50 probably already own a home and, unless they can afford 2 homes, they’d have to sell one to buy one. I’m sure that would be a huge financial loss and put 40 million more homes on the market. There will be a bunch of empty houses owned by old people, and that will make the housing market worse. Not to mention, there's no way a 50 year old can survive on a million dollars for the rest of his life, particularly if he has 2 homes.

40 million people are a lot to replace at work. Especially since a lot of these baby boomers hold titles that are either high on the chain of command or require a lot of technical skill. Imagine replacing management at a lot of major companies overnight...it would lead to mass instability.

All above is logic. Oh, yeah, we’re on the Off-Topic forum where logic is rare.
Other messages in this thread:View Entire Thread
The Fix - lotowner - 3/10/2010 7:20:20 AM
     The Fix - MAJ USA RET - 3/10/2010 10:44:08 AM
     The Fix - seahunt96 - 3/10/2010 1:19:15 PM
          The Fix - Yankee06 - 3/10/2010 2:48:12 PM
     The Fix - Lady - 3/10/2010 4:35:25 PM
     The Fix - Talullahhound - 3/10/2010 6:40:14 PM
          The Fix - water_watcher - 3/13/2010 10:21:52 AM



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