Quote:
Originally Posted by Vlajos
Unless I'm missing something, if inflation and interest rates skyrocket the pension debt will actually be much more controllable. The investment returns on the pension funds will skyrocket while the growth to pensions is capped at 3% as part of the agreement.
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I've heard this before. Idk how much truth there is to this next part, but I've also heard that the management fees for many of the pension funds are greater than their returns. If that's true, I have little faith the current batch of leaders will do much to right the ship...not that I had any faith before that...