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The Stock Market Bubble and Investing Social Security in the Stock Market
Publication Date: July 2002
Publisher(s): Center for Economic and Policy Research
Author(s): Dean Baker
Topic: Banking and finance (Stock exchanges)
Keywords: Privatized systems; Wealth redistribution; Financial projections
Type: Report
Coverage: United States
Abstract:
This paper looks at the potential losses if varying fractions of Social Security funds, as proposed by advocates, had been placed in the stock market in each of the last four years, when the stock market was experiencing an unsustainable bubble.