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> Someone has to wipe our Boomer arses. An aging population means more healthcare and less of everything else And a much more intense shift to financialization
by alephnerd 9mo ago
> Someone has to wipe our Boomer arses. An aging population means more healthcare and less of everything else
And a much more intense shift to financialization.
Pension funds tends to target an IRR of around 20-30%, and it is they that are the biggest pools of capital that funds invest.
You ain't hitting that amount of IRR without an extreme degree of financial ruthlessness.