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> The truth is economic growth hasn’t been occurring in real terms for most people for a long time and the rich have been transferring money from the poor to th
by jgalt212 2y ago
> The truth is economic growth hasn’t been occurring in real terms for most people for a long time and the rich have been transferring money from the poor to themselves at a dramatic rate.
It blows my mind why pension funds continue to invest any money at all in PE and Hedge Funds. It's a straight up wealth transfer from the working class to the investor class. States should pass max fee laws for their own pension fund allocations.
- rayrey 2y agoDarn pensioners are living too long driving the search for alpha