SLP432 James Lavish The Great Debt Spiral
Stephan Livera Podcast
00:00
Pension Funds - What Are They Doing?
A pension fund is a fund that's set up to make payments to its members when they retire. For many years, the lowest volatility and lowest risk instrument has been bonds - especially sovereigns. But interest rates have been manipulated so low by central banks for so long,. They couldn't generate enough growth and income to meet those future liabilities.
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