Crunch

[jOHN rODRIGUEZ]

Originally Posted by bas_I_am

The loss is primarily on paper. Most retirement accounts in the US are mostly mutual funds invested via 401k's and various other investment devices. Their value depreciated severely.

One of the big issues concerning this, is that alot** of people had money in bond funds that were touted as fairly safe, but the way the bubble burst they felt the brunt of the storm.

Ahhhh, I get it. It's kinda like that supernatural phenomenon referred to as "Ghost Shit". Ya know, like when you swear you're taking the biggest dump that's ever been dumped ever. I mean, you're gripping the sides of your loo, turning red in the face, eyes watering. You swear there's gonna be a Hiendenburg(sp?) of dumps chilling in a spa treatment, but when you get up there's nothing there. Like that?

*subject predicate
**I think. I might be wrong.