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Publicly traded entities which are components of many pension funds. The boomers essentially took out a loan against themselves, and now it's due, with interest
by Nextgrid 11mo ago
Publicly traded entities which are components of many pension funds. The boomers essentially took out a loan against themselves, and now it's due, with interest to boot.
There's some schadenfreude seeing the boomers complain about getting the enshittification treatment they themselves got rich off.
- WarOnPrivacy 11mo ago> Publicly traded entities which are components of many pension funds. A shareholder relationship is parasitical and exploitive by it's nature, as defined by Dodge Brothers v. Ford. Making pension funds feed on that relationship - that is whatever that is. I couldn't call it a necessary evil because it's by design.