France Pension Strike has started

Nothing here so far. Co-worker traveling in Paris says it started this morning. Now hotel is packed and full as people come in from rural areas apparently. The protests over pension reform in France are getting tense. Big clashes with …

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Private equity uses govt pension funds to buy private firms, restructure them and lay private sector workers off. Govt. pensions are built on cutting private sector workers

As public officials across America prepare to funnel even more of government workers’ savings to private equity moguls, an alarm just sounded for anyone bothering to listen. It is a warning that Wall Street executives, busy skimming fees off retirement …

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Pension Funds in Historic Surplus Eye $1 Trillion of Bond-Buying (Consumers In Bad Shape With Personal Savings Down 53.5% YoY And Real Weekly Earnings Negative For 21 Straight Weeks, GOLD Soaring!)

by confoundedinterest17 Despite polticians like President Biden cheerleading his great economic accomplishments and Treasury Secretary Janet Yellen dipping into Social Security to fund the Federal government (much like Biden’s dipping into the Strategic Petroleum Reserve), there are serious problems facing …

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Is the pension ‘triple lock’ SAFE?

by Boo_Randy Nadhim Zahawi says ‘vulnerable’ elderly ‘will always be protected’ as hopes grow that tax rises and spending cuts planned for next month could be reined in as falling gas and borrowing costs ease economic pressure Pension funds represent …

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Pension Fund Blues! Agency MBS Prices And Mortgage REITs Declining As Fed Withdraws Monetary Stimulypto (Duration Risk Increasing)

by confoundedinterest17 Pension funds have long been investing in “safe” agency mortgage-backed securities. But as The Fed does its “tighten up”, we are seeing agency MBS prices falling and duration risk rising. I remember showing my Fixed-income class at Chicago and …

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Pension funds call for longer bailout as Bank of England is set to pull the plug on emergency £65 billion bond-buying scheme to tackle market chaos

by Boo_Randy How many of these pension funds are already insolvent? https://www.dailymail.co.uk/news/article-11313705/Pension-funds-call-longer-bailout-Bank-England-set-pull-plug-emergency-bond-buying.html Pension funds are bracing themselves for the Bank of England to pull the plug today on a £65billion bailout designed to protect them from bond market chaos. The Bank stepped …

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The World’s Most Liquid Instruments Are Becoming Illiquid And Pension Funds Get Margin Calls. From Record QE To Record QT, No Wonder The World Is About To Blow Up

by silvertomars What a difference a day can make…in Japan 10y bonds don’t trade for days… in the UK maximum spreads on gilts were today increased to 5%…. and now Yellen is concerned about US treasuries… the worlds most liquid …

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Norwegian state pension fund will liquidate all their investments (totalling $3 billion USD) from Russian stock market

Just announced on a press conference by the Norwegian government. Sources: https://www.vgtv.no/video/233573/direkte-siste-fra-krigen-i-ukraina https://borsen.dagbladet.no/studio/borsenstudio/608?post=86622 Edit (28.02.22 00:26 GMT+1): Russian central bank has ordered block on foreign clients’ bids to sell Russian securities. Source: https://www.reuters.com/business/russian-cbank-orders-block-foreign-clients-bids-sell-russian-securities-document-2022-02-27/     h/t  andrerav

South Korea’s Pension Crisis

by Martin Armstrong The Korea Economic Research Institute (KERI) believes that the youth born after 1990 will be unable to claim their pensions as the current system is close to collapsing. South Koreans may claim their pensions at the age …

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