I dont think Super is a con, but the way the supernanuation industry has set itself up around it, milking it, yes that a con. The Super Levy is a cost impost on the employer. If the Super scheme did not exist, then wage earners would still receive the same wages. I dont think Senator Rennick has thought it out properly, or he has some scheme to re structure the levy he has not divulged
Lol that video is 20+ years old, Cramer ceased being a hedge fund manager in 2001. He joined CNBC in 2005. He;s a bit of a loud mouth and arrogant, but really hedgies, broker, accountants, lawyers, in a fashion, they all have a licence to print money, and they all abuse it. Fiduciary obligation sounds nice, but where gains or kickbacks are involved, forget it. They are all Gordon Geckos ..."Greed is good, greed is right"
@durmaz
Only as long as no financial crisis or recession pops up. I hope you are you up to date with macro economics.
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