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I'm not sure if it is the case in the US but in the UK we have similar issues around commercial real estate and there is a problem - a lot of pension funds are
by jarym 3y ago
I'm not sure if it is the case in the US but in the UK we have similar issues around commercial real estate and there is a problem - a lot of pension funds are invested in them. If they don't recover in value then it will create a shortfall in future pensions which would be a bigger issue.
- cudgy 3y agoMaybe they’ll consider bailing out the pensions like they do the banks? … Nah that wouldn’t make any sense (sarcasm).