140 karma · joined November 27, 2017
Are there other factors like in the housing market of a decade+ ago? Is there a lot of risk for Joe Six-Pack? Are there people out there borrowing money from banks with poor underwriting practices getting into index funds when they should not be doing so?
I'd think if this is most peoples' 401k and surplus income at risk that there may be a huge market correction but it won't devastate the economy. If people take the long term view and if investors sit tight and wait for the cycle to move into recovery again they'll be OK. If however they need to live off returns on their investments in the present (like homeowners needed a place to live during the crash) then they're in trouble.
My kids schools are 100% Chromebooks. This has been great for scheduling extracurricular activities and making their backpacks lighter. It really hasn't improved their ability to learn mathematics or English.
Also when you rent a car there, they inform you that going off road is prohibited. I guess some people choose not to listen.
https://arstechnica.com/tech-policy/2007/10/appeals-court-up...