Lee Fang
@leefang
Interesting stat from WSJ today, number of Americans making "economic hardship" withdrawals from 401k accounts surging
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ted (not lasso)
@ted
ehh, people have been saying this forever but i really do think a consumer credit crisis is incoming really hard to change spending behaviors, yet inflation is up (consumers spending more) and employment is ?? (consumers earning less relatively)
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Sher Chaudhary
@sher
++ old people watch the news too much, and of those on the left that are ~55+ that are deeply fearful of DOGE, don’t trust trump, hear elon call social security a ponzi scheme, etc right on the brink of their retirement… surely causes some amount of those ppl to opt for 401k withdrawal
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