First they take your pensions and then bring in capital controls

Investment Analysis Clubs Macro Economic Trends and Risks
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The bankrupt UK government is now bringing in big changes to the UK’s pension industry by starting to control how these funds are run and where the pension money is to be invested - apparently this is to be done to make us all better off:

I can’t see investing for political reasons is going to make anyone better off. I bet that the funds end up investing heavily in the UK guilt market (US = Treasuries).

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Just think how well off you would be today, if, fifty years ago, the government had put all your pension savings in British Leyland.
/sarcasm

Steve

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