14 May 2008
Really Really Bad Ieas, Pension Edition
In search of increased returns, pension fund are diversifying into commodities.
If they are right, poor people starve. If they are wrong, people lose their pensions.
Life is good, huh? This is what deregulation defined as privatizing profits and socializing debts get us.
If they are right, poor people starve. If they are wrong, people lose their pensions.
Life is good, huh? This is what deregulation defined as privatizing profits and socializing debts get us.
Labels:
Economy
,
Finance
,
regulation
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