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Economists advise people to reduce risk as they age
SupportiveArgument
1
#7196
Economists and personal financial advisors encourage people to reduce their exposure to financial risk and shocks as they age.
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The Global Financial Crisis »
The Global Financial Crisis
The Global Financial Crisis☜Exploring the causes, consequences and responses to the global financial crisis. ☜F1CEB7
▲
Immediate triggers of the financial crisis? »
Immediate triggers of the financial crisis?
Immediate triggers of the financial crisis?☜What were the immediate triggers of the current financial crisis?☜FFB597
▲
Sudden evaporation of market confidence/trust »
Sudden evaporation of market confidence/trust
Sudden evaporation of market confidence/trust☜Confidence/trust in the ability of others to pay debts suddenly evaporated from the market: with the result that few are willing to risk lending any one else any money.☜59C6EF
▲
Sudden, sharp increase in global risk aversion by baby boomers »
Sudden, sharp increase in global risk aversion by baby boomers
Sudden, sharp increase in global risk aversion by baby boomers☜The scale of the recent stock market sell offs is indicative of a sudden, sharp increase in global risk aversion by baby boomers and retirees in the US and around the world seeking to move out of risky assets at the same time.☜9FDEF6
■
Economists advise people to reduce risk as they age
Economists advise people to reduce risk as they age☜Economists and personal financial advisors encourage people to reduce their exposure to financial risk and shocks as they age.☜98CE71
●
Job skills diminishingly marketable »
Job skills diminishingly marketable
Job skills diminishingly marketable☜The attractiveness of the skills that people bring to market tends to diminish as people age, making it harder from them to return to work following a severe financial shock.☜98CE71
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Entered by:-
David Price
NodeID:
#7196
Node type:
SupportiveArgument
Entry date (GMT):
10/13/2008 7:29:00 PM
Last edit date (GMT):
10/13/2008 7:29:00 PM
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