pension funds have been in the hurtbox for decades. even if the suit in unsuccessful ohio public employees can blame facebook when the bureaucrats cut or lower pensions. [they will have too]. generally the fund managers and politicians got sold on the idea of a market growing at 6% forever. pensions are the only reason they prolonged the inevitable. this is what happens when there is a debt-based system and only the principal is put into circulation with fractional reserve lending. no place left to put inflation. that's what bretton woods was about, spreading out inflation. any CAFR will show surpluses in most entities.they have to act accordingly to receive IMF funding. they will not get rid of the plunge protection team or the exchange stabilization fund. normies will melt down and welfare whores will riot, as they have always done.
pension funds have been in the hurtbox for decades. even if the suit in unsuccessful ohio public employees can blame facebook when the bureaucrats cut or lower pensions. [they will have too]. generally the fund managers and politicians got sold on the idea of a market growing at 6% forever. pensions are the only reason they prolonged the inevitable. this is what happens when there is a debt-based system and only the principal is put into circulation with fractional reserve lending. no place left to put inflation. that's what bretton woods was about, spreading out inflation. any CAFR will show surpluses in most entities.they have to act accordingly to receive IMF funding. they will not get rid of the plunge protection team or the exchange stabilization fund. normies will melt down and welfare whores will riot, as they have always done.
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