Government especially, but private too. It's free money in a ponzi scheme since every single pension fund is operating under the "growth based economy" expectation of more money coming in than going out.
So they invest in a few things that can show some return on a report here and there, and the rest into these kind of asset management companies or buying land to sell at a loss to Bill Gates.
Pension funds.
Government especially, but private too. It's free money in a ponzi scheme since every single pension fund is operating under the "growth based economy" expectation of more money coming in than going out.
So they invest in a few things that can show some return on a report here and there, and the rest into these kind of asset management companies or buying land to sell at a loss to Bill Gates.
https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2024/01/30/tech-billionaire-bill-gates-spent