Pension System
topic on 2 shows · 2 statements across 2 episodes
2 statements about Pension System, every show
Chamath: Pension fixed income portfolios hold commercial real estate debt
“A hundred percent for sure in the fixed income portfolios of all these pension systems are the debt that was used to finance these buildings by the REITs and by, you know, the big real estate funds that put those things together.”
Peters: Post-COVID deleveraging will slow growth and expose public pension insolvency
“So the question I think you have to ask yourself is, will we go back to that type of financialized leveraged Corporate sector and investment portfolio. And I would say that it's pretty clear to me that is not happening. Okay. And so if that's not happening, th…”