Did the Banks Just Break?
Real Vision: Finance & Investing
00:00
Is There a Bubble in the UK Pension Market?
We have had alarm signs all over the place. In Japan, it was the yen at 40 year lows. In the UK, It was the pension burst problem. All of that is the sign of a bubble because we know it'll happen, we just don't know when. And this is my concern. The problem is that you cannot go back as a safe haven to the 19 trillion of dollars of negative yield in bonds. That's such a massive problem that it puts everything else you want to put into technology and venture capital to peanuts.
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