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0 pointskevin_thibedeau3y ago0 comments

> Something clearly changed between the 1970s and today.

MBAs took over American companies. They're the ones who cook up these exploitative ideas so that no money is ever left on the table.

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lotsofpulp3y ago

401k owners, IRA owners, and taxpayers via defined benefit pension funds want to pay for the management that maximizes returns.

kevin_thibedeauOP3y ago

Convenient that forces have aligned to make people dependent on 401K and IRA by taking away all other profitable money stores. Why play with only rich peoples' money when you can force everybody to be exposed to a market you take a cut from.

j / k navigate · click thread line to collapse

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lotsofpulp3y ago

401k owners, IRA owners, and taxpayers via defined benefit pension funds want to pay for the management that maximizes returns.

kevin_thibedeauOP3y ago

j / k navigate · click thread line to collapse