The pension funds have been forced to leverage their asset purchases for decades with risky derivative bets as their assets, including gilts which haven't been yielding enough interest to cover their costs and beneficiaries for over a decade (since 2008 collapse).
If their bets are wrong, defaults ensue which cause a systemic earthquake within the financial world as other financial institution's assets on their books are suddenly worthless. Thus exposing how all of these financial institutions actually are and have been insolvent for over 20 years as they mark their ledgers with assets (derivative bets with counter-party financial institutions) that they all know will never be paid out WHEN the counter-party is declared insolvent.
Effectively there's nowhere to run as they're all in on the same scam. The first domino to fall is just the onset of the systemic collapse, whether it be pension funds in England or Japanese Yen or the teetering Euro.
The banksters only option is to destroy all current fiat currencies and declare a new form of money (e.g. CDBC) to hide their obvious malfeasance.
The pension funds have been forced to leverage their asset purchases for decades with risky derivative bets as their assets, including gilts which haven't been yielding enough interest to cover their costs and beneficiaries for over a decade (since 2008 collapse).
If their bets are wrong, defaults ensue which cause a systemic earthquake within the financial world as other financial institution's assets on their books are suddenly worthless. Thus exposing how all of these financial institutions actually are and have been insolvent for over 20 years as they mark their ledgers with assets (derivative bets with counter-party financial institutions) that they all know will never be paid out WHEN the counter-party is declared insolvent.
Effectively there's nowhere to run as they're all in on the same scam. The first domino to fall is just the onset of the systemic collapse, whether it be pension funds in England or Japanese Yen or the teetering Euro.
The banksters only option is to destroy all current fiat currencies and declare a new form of money (e.g. CDBC) to hide their obvious malfeasance.