Inflection Point cover image

The Collapse Of First Republic Bank, What Happens Next? | Weekly Round Up

Inflection Point

00:00

The Unspeakable Atrocities of Pensions

When the economy doesn't give us the growth expectation that our whole society is based around, we look for workarounds. I've sat in board meetings of these pensions and just watched the most unspeakable atrocities where you're just like, no, you can't just take their benefits away. So it's a big issue. It's an agency problem. And there usually are shenanigans being played by some of the largest, largest players," he says.

Play episode from 33:54
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app