> The folks [...] reading this thread almost certainly can invest even very small amounts in high quality investment products.
...and then the stock market gets stopped for a couple of weeks and exchange rate of international currencies becomes practically state-controlled.
> There's no need to get fatalistic about saving
There absolutely is a need, when the life just doesn't work like people here are pretending it does.
It's all just an extremely US-centric view, people there are just lucky to live in a fantastically economically stable environment, but this leads to them being unprepared to potential economic shocks, including not enough support for the discussions of ways to evade the consequences for regular citizens.
...and then the stock market gets stopped for a couple of weeks and exchange rate of international currencies becomes practically state-controlled.
> There's no need to get fatalistic about saving
There absolutely is a need, when the life just doesn't work like people here are pretending it does.
It's all just an extremely US-centric view, people there are just lucky to live in a fantastically economically stable environment, but this leads to them being unprepared to potential economic shocks, including not enough support for the discussions of ways to evade the consequences for regular citizens.