Failed public pensions are gonna be gnarly
https://kumarletter.com/posts/the-stealth-nationalization-of-america-how-5-000-public-pension-funds-are-quietly-seizing-control-of-the-economy-armed-with-6t
Yup. Nationalize them, then guarantee them, then print to pay for it all. Much like student loans...
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Self canabalizing doom loop
