Low income housing is going to get crowded

faithandcredit

All UK pension plans were nearly wiped out back in November, and were bailed out by the Bank of England. The problem was in the government bond market (I forget the exact details atm). With so much sovereign debt, existing EU pension plans won't last long enough to receive a 30% green energy requirement. Plus, when this depression really gets swingin', a lot of people will have bigger problems than not getting to retire.

orthzar

Daily discussion thread

saloon

I am a bit upset. The EU has made new rules forcing pension plans to invest at least 15% of the capital in "green energy" so basically 15% of a pension will be thrown in a dumpster fire and prop up that agenda so that in a few years enough people will be dependent on it and there will be support to increase it to 30% so on so forth and it will produce nothing except food on the table for the climate fascists at the expense of everyone else. They will consume everything the way things are going.