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Re: Hillary Wants to Invest in $275 Billion in America

Posted by AEM-7AC #901 on Wed Dec 2 04:56:11 2015, in response to Re: Hillary Wants to Invest in $275 Billion in America, posted by Henry R32 #3730 on Tue Dec 1 20:44:40 2015.

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The economic downturn which had municipalities whining that their contributions were higher only lasted a few years and the fund is back to running a surplus

ZIRP will not last forever, and some would argue that the generous environment that lead to the market's high returns isn't going to last for much longer, and that as Baby Boomers start liquidating their assets, we may have a glut of assets being sold en masse with depreciating values. Coincidentally, public employee funds have been investing in far riskier investment vehicles to make up those high levels of returns, so the risk of failure is higher if something does go wrong.

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