• Pip@feddit.orgOP
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    1 day ago

    Europeans have to put a large part of their money into a system with pensions and insurances. The organizations that handle those savings then make the decision on what to do with them.

    • jenesaisquoi@feddit.org
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      1 day ago

      Ah yes, but they invest it? In my country it’s even a problem that there is such an immense amount of capital in the pension funds, that they must invest it in safe assets, that they drive up prices of real estate to unreasonable levels