re: If one of the Democratic Candidates becomes President, what to do with your money?

quote:

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one of the first things they'll go after are 401k' I think that is exactly what they want to do. The Clintons floated the idea.

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Exactly this. To quote Jesse James, “that’s where the money is.”

Once MMT runs its course and we are forced to stop printing money, what happens next? Will we never be required to pay our debts? Debts to who? All the 401ks and already underfunded pensions will own the debt and it will not be paid. Implosion.

But the bad news is there is no place to hide. The US is the 800 pound gorilla. How much of your portfolio are you willing to put into China today? Rich people problems will get serious if the dems get a chance to run their socialist programs Like there is no tomorrow.