this post was submitted on 14 Apr 2024
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[โ€“] [email protected] 4 points 6 months ago* (last edited 6 months ago) (1 children)

Where are the geniuses who told us that siphoning money from public infrastructure to benefit foreign pension funds was a good thing?

[โ€“] [email protected] 4 points 6 months ago

One of the things I really hate about the whole situation, is that the pension funds are trotted out as a puppy.
"But if you default this company, then all these people will lose money on their pensions."
Says the fund who bought into a water supply company and then (I assume) said nothing when plans for huge dividends based on loading it up with debt were announced.