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Quantum Solace of Finance

The ACID Capitalist Podcast

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The Rise of Terminal Rates

In 1970s, UK pension funds equated to 55% of London market. Currently they aim 5% of the London market. If rates are going to carry on rising, and where do you see... Do you have an idea on terminal rates? Or is it just keeps going into more things approaching? It doesn't matter. I mean, they won't get to terminal. They're way better than the stuff we can find elsewhere.

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