The real answer is that the pension funds were all looted in 90s because our financial system is a ponzi scheme. Since then all thats left is some worthless paper derivatives that will implode anytime now. In the mean time, they will claim they were exposed to every crash that happens to prepare the people
Why.... it's almost as if they didn't want people to be able to benefit from their own hard work and sacrifice!
The real answer is that the pension funds were all looted in 90s because our financial system is a ponzi scheme. Since then all thats left is some worthless paper derivatives that will implode anytime now. In the mean time, they will claim they were exposed to every crash that happens to prepare the people
I have tried to warn everyone who will listen to me. You notice they never threaten welfare checks, only the funds set aside by productive citizens.