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the american pension system is the "leveraged ponzi" SBF is small potatoes.
In the next 5 years there will be a bail out of the largest pension managers that basically have only met retiree withdrawals due to leveraged bonds (risk parity) Now with bonds down and stocks down and no new people paying into a pension the system is about to collapse
They need to inflate all these bubbles very soon. Will be a good shitshow. What a sad time for those who are gaslighted by the corporate and state media complex and have no idea that the light in the tunnel is a train!
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