"Betting on the Market" 1997 PBS Frontline, clip 4 of 4.

[Vampirecat0]

Kinda weird watching this now X3. After the initial dust from the crash has settled and we can see just how screwed much of the world really is.

[callmebaldy]

the guy @ 4:30 its predicting the next 20yrs of the USA. baby boomers will withdraw from their retirements, stock will be sold for years, slowly falling. We are Japan.

[krinkly]

chilling.



[nanomyou5]

quote from the 4th part:

"What would happen...

if we had a sustained bear market...

after all the baby boomers had retired."

That's exactly what's coming.

Thanks for the upload!

[tim916]

@nanomyou5

Yes that was downright eerie. Only now boomers also have to deal with the fact that they cannot sell their home for a profit and live off the proceeds.

[alinaustin]

Thank you for posting this! Really spooky given what is happening in the financial and real estate markets right now.

[jbryant13]

Kramer reminds me of "Doc" in Back to the Future