Can We defend our Pension?

[Over70irregs]

Are we learning anything about pension fragility overseas? Teamsters take note!! I prefer to stay ahead of the game.

Pension fund panic led to Bank of England's emergency intervention: Here's what you need to know

The Bank of England on Wednesday launched a historic intervention to stabilize the U.K. economy.

www.cnbc.com

 

[AccidentProne]

Um this not about pension take away, they cannot fund it due to the stupid economic plan the government made, tanking the dollar.

 

[Over70irregs]

Um this not about pension take away, they cannot fund it due to the stupid economic plan the government made, tanking the dollar.

Exactly. They were hairs breath from being called to the carpet. We must continue to keep our guys honest and looking ahead of the curb. Our company is profitable. Let us keep it that way. .

 

[Over70irregs]

Why, one might ask, was the UK pension issue causing such a ruckus in U.S. and global markets? First, liquidity is fungible globally, with de-risking/deleveraging dynamics sparking a rush for liquidity throughout international markets. Moreover, Market Structure issues are a global phenomenon. The same financial engineering used by UK pensions has been adopted in the U.S. and worldwide. The hundreds of Trillions interest-rate swaps derivatives markets are global and tightly interconnected. If a strategy falters in one market, kindred strategies are then in the crosshairs globally. A problem structure in any country quickly becomes a concern for all markets. And when blowups and panics spark illiquidity and discontinuity in one market, immediately all markets are on guard for similar blowups. When it comes to Market Structure, it is one monstrous global speculative Bubble.
Credit Bubble Bulletin

 

[Jackburton]

Why, one might ask, was the UK pension issue causing such a ruckus in U.S. and global markets? First, liquidity is fungible globally, with de-risking/deleveraging dynamics sparking a rush for liquidity throughout international markets. Moreover, Market Structure issues are a global phenomenon. The same financial engineering used by UK pensions has been adopted in the U.S. and worldwide. The hundreds of Trillions interest-rate swaps derivatives markets are global and tightly interconnected. If a strategy falters in one market, kindred strategies are then in the crosshairs globally. A problem structure in any country quickly becomes a concern for all markets. And when blowups and panics spark illiquidity and discontinuity in one market, immediately all markets are on guard for similar blowups. When it comes to Market Structure, it is one monstrous global speculative Bubble.
Credit Bubble Bulletin

This looks Credit-sus.

 

[detmaintainer]

Are we learning anything about pension fragility overseas? Teamsters take note!! I prefer to stay ahead of the game.

Pension fund panic led to Bank of England's emergency intervention: Here's what you need to know

The Bank of England on Wednesday launched a historic intervention to stabilize the U.K. economy.

www.cnbc.com

Hard times are coming.

 

[Over70irregs]

It’s here now.

 

[BrownMonk]

Butch Lewis Act passed March 2021

 

[Over70irregs]

That protection is based on loans and buying bonds. Loans and bonds are present day financial turds destined to be flushed. 31 trillion debt destined to be 51 trillion.