If the feds succeed in passing laws that drive people only to banks for their retirement and investments, what will that mean to the middle class?
I heard from someone in finance that the feds are trying to pass laws where a person can only do their retirement or investment through banks. Banks give nothing for interest and you can’t get the best rates or even get them to talk to you unless you have $75,000 or more to invest. So if you are forced to use only banks and the banks won’t deal with you unless you have mo’ money than Bubba Gump Scrimp, if social security tanks, how will the middle class secure or construct any form of retirement or investment account not using banks?
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