Japan's government plans to actively manage nearly ¥100 trillion (approximately €588 billion) in public pension reserves. These funds will be consolidated into a second pension fund, mirroring the strategies of the world's largest pension fund, the Government Pension Investment Fund (GPIF), which boasted assets of ¥226.4 trillion by the end of 2023. The GPIF annually funds about 10% of the basic pension received by every citizen.

Germany is also considering the introduction of a partial equity pension system.

This indicates a future where stock markets are increasingly influenced by these substantial public funds. So we can be sure that stock markets will be manipulated with ever tighter holding lines in the future, as the Ponzi scheme of pension insurance relies on inflationary prices.

That is bullish!