If we still have the Internet and virtual processes used during COVID, do we really need markets and exchanges in big cities? Why can't all that be virtual from wherever? With online banking, investing, etc. I think we are close to that now. There is, however, a serious drawback in reduced social contact: https://biggeekdad.com/2016/12/the-millennial-question/
The traditional retirement investment was to have kids who can take care of you in old age. If we, as a nation, continue to have too few children it won't matter how much gold or dollars the old geezers have; there will be no care-givers to hire, at least not American ones. -----Original Message----- From: Allan Streib via Mercedes Subject: Re: [MBZ] I can not believe how stupid people are I get the sentiment but we need both unless we revert to pure subsistence living. Farmers absolutely need commodities markets in Chicago and New York, for example. Anyone with any substantial assets needs insurance. Anyone who wants income to retire on needs investments. ... _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com