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by paganel
2059 days ago
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> Things like pension/401K/Superannuation funds with high Commercial real estate exposure leading to reduced retirement income, An interesting second (or even third) order effect of the 2008-2009 financial meltdown was the collapse of many German state banks (Landesbanks I think they're called) which had invested massively in US-based CDCs and the like. I don't think many people would have predicted that happening in 2005-2006. |
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