Comments on: Great Recession 2.0? Americans Pull Hundreds of Billions out of Banks at Fastest Pace in Four Decades https://americanconservativemovement.com/great-recession-2-0-americans-pull-hundreds-of-billions-out-of-banks-at-fastest-pace-in-four-decades/ American exceptionalism isn't dead. It just needs to be embraced. Sun, 18 Jun 2023 11:45:05 +0000 hourly 1 https://wordpress.org/?v=6.6.2 By: Ned Fargus https://americanconservativemovement.com/great-recession-2-0-americans-pull-hundreds-of-billions-out-of-banks-at-fastest-pace-in-four-decades/#comment-14309 Sun, 18 Jun 2023 11:45:05 +0000 https://americanconservativemovement.com/?p=193674#comment-14309 These withdrawals just happen to coincide with the retirement of the largest demographic in history. the Baby Boomers. They are spending their savings and passing it to the next generation before they die. I’m a boomer. I have paid for my children’s Home down payments, car down payments, home improvements and help with their children’s expenses. I pay their daycare and medical expenses. This may sound like spoiling them but my children are hard working professionals that manage their money very well. I figure they will inherit my money when I’m gone so I may as well get to enjoy seeing the relief it gives them now. I know from taking to friends that a lot of boomers do this.

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