PENSIONS ARE BEING DESTROYED BY UNLIMITED LEVERAGE!! - AMC Stock Short Squeeze Update
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Links;
https://www.forbes.com/sites/edwardsiedle/2022/07/10/ohio-teachers-pension-private-equity-secrets-unlimited-leverage-outlandish-fees-conflicts-of-interest-and-questionable-valuations/?sh=3eee7037646a
https://twitter.com/ApeAverage/status/1546508692409008130
https://twitter.com/graemeblackwood/status/1546217610336952321
Public pensions are being destroyed by unlimited leverage.
Pension funds are investing massive chunks of money into private equity funds. These funds are taking wild risks on private investments in startup tech companies, crypto companies and even unicorn tech companies, that have plummeted in value over the last year.
This is leading to billions of dollars in lost money for these pension funds, as these private equity funds can unlimited-ly leverage their investments, which is only compounding their losses.
Big banks have also been adding to the problem by shorting similar listed tech companies, pushing the valuations down even further than what would have actually happened.
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