The truth about the infrastructure bubble : pension funds | 7 comments (7 topical, editorial, 0 hidden)

So you're saying (4.00 / 2)

that Australian and Canadian pensioneers are paying for the bridges and highways and prisons in Italy and the UK? How ironic. Will they emigrate back when the bubble bursts?

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Tue Dec 5th, 2006 at 05:48:29 PM EST

Re: So you're saying (none / 1)

something like that I guess. However I am not sure it's about emigrating back plus I'm confident transatlantic pension funds will find another asset to bank on when this bubble bursts.
Creativity is the key word there <s>

When through hell, just keep going. W. Churchill

by Agnes a Paris on Tue Dec 5th, 2006 at 05:52:39 PM EST
[ Parent ]

Assuming they aren't wiped out in the pop! n/t (4.00 / 2)

The Fates are kind.

by Gaianne on Tue Dec 5th, 2006 at 08:12:26 PM EST
[ Parent ]

Re: Assuming they aren't wiped out in the pop! n/t (none / 0)

An insider peek allows me not to worry about the financial strength of pension funds. they will be the last to be wiped out.

When through hell, just keep going. W. Churchill

by Agnes a Paris on Wed Dec 6th, 2006 at 01:40:29 PM EST
[ Parent ]

Re: So you're saying (none / 0)

And sleep under the bridges they own?

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman

by dvx (dvx.clt ät gmail dotcom) on Wed Dec 6th, 2006 at 07:33:09 AM EST
[ Parent ]

The truth about the infrastructure bubble : pension funds | 7 comments (7 topical, 0 editorial, 0 hidden)

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