Dow turns positive for year: Erases 2,000-point plunge

[AgerolanAmerican]

7. Well, that's exactly it

"What else should the shrinking middle class keep their retirement savings in?"

It is because interest rates have been held at absurdly low levels for so long that traditional methods of saving for retirement have been replaced with gambling on the stock market.

In a normal, non-hyper-financialized economy, every saver can beat inflation through simple savings - no investments, no risk-taking required.

In this current f-ed up economy, every saver loses ground every day when garnering no interest on savings against a backdrop of constant inflation.

The answer to your question is: savings accounts, and similar rock-solid, 100% safe investment vehicles. Not the high-volatility stock market which has crashed twice in the past 20 years and is due for another one soon.