2 ms·
Look at the footnotes on page 71 of the BIS report. They know they are significantly overstating it and yet can't be bothered figuring it out, or making the bes
by danielmarkbruce 4y ago
Look at the footnotes on page 71 of the BIS report. They know they are significantly overstating it and yet can't be bothered figuring it out, or making the best estimate they can.
And then the reuters report lede makes it sound like pension funds are short $80 trill. People on this thread think it's what is being reported.
It's awful.