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> Vacuuming retirement savings of tens of millions of workers and piping the funds directly to Wall Street Can you be specific? Do you mean people putting thei
by robertlagrant 2y ago
> Vacuuming retirement savings of tens of millions of workers and piping the funds directly to Wall Street
Can you be specific? Do you mean people putting their money into pension funds?
- sangnoir 2y agoMost tax-advantaged retirement savings schemes channel retirement money to listed companies and/or Wall Street investment funds by default - pension funds included.
- robertlagrant 2y agoWhat does "channel" mean here? Do you mean they choose to invest there? "Channel" implies something being done secretively.
- sangnoir 2y ago> "Channel" implies something being done secretively. No, it does not. channel: direct toward a particular end or object[1] 1. The Oxford-dictionary-based Google searchbox "define" feature