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>Pension Funds Are Going To Be Destroyed In The Next Recession https://www.dictionary.com/browse/destroyed https://www.dictionary.com/browse/destroyed The art

• dragonwriter 7y ago
  The hyperbolic use of “destroyed” to mean adversely impacted, including in performing a thing’s intended function is so common than it may even exceed literal use of the term. The thesis of the article (as is usually the case) is not the headline, but (as laid out in the last two sentences of the first paragraph) that the impacts of the e next recession won't be limited to Millenials but born heavily by boomers through the impact on pensions. (Though, I would argue, it would also literally destroy pension funds, but as a more distant effect of causing them to be perceived as not delivering value, but that's entirely outside the focus.)
  • sleepysysadmin 7y ago
    >The hyperbolic use of “destroyed” to mean adversely impacted, There was no hyperbole there. It was at best clickbait. I would accept clickbait; but my default understanding on that article is that they are proposing the end of pensions. >Though, I would argue, it would also literally destroy pension funds, but as a more distant effect of causing them to be perceived as not delivering value, but that's entirely outside the focus.) Pensions are pyramid schemes. It's a valid argument to be made. The author for sure is going down that route.