Corona and the Pandamic

For decades, western financial markets have generated returns off the order of six to eight % year after year. That has been double the global growth rate. Right now, you can be a teeny tiny hedge fund, and you can generate spectacular turns of 20% in an economy growing at two pence every year. But if you're a large pension fund, there is no sustainable way of generating returns that are nof twice as high. And what happens when interest rates fall? You kow,. because all financial cash load discounting in valuation uses the risk free rate as the denominator, with ome resqrinium. As the rates fell, the value of all financial assets across