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On the actually change - if moving I to bugger funds allows for them to actually own companies etc, then I think this is a good idea.
Aren't pension funds supposed to spread their risks?
But if they are forced to invest for economic growth instead of pension fund growth, then that’s bad.
That appears to be the concern, that it will be used to invest in what the government wants to invest in, as a substitute for the government investing directly as they should be doing.
The GMB expert also rubbished Treasury arguments that pooled assets can be used to invest into a wider range of riskier and long-term assets.
“We are not speculators — we are not going to put it on the 4:30 at Haydock,” he said.
He said Treasury plans to have each administering authority set targets for investment in their local economies was also wrong-headed.
“We invest to get a return, we don't invest in the local economy for the sake of it,” said Mr Georgiou.
People have to choose a server with mastodon, and you can't just pick any server because of the mess of defederations.
Well now I'm going to have to use it even more.
"don't worry about it being perfect" and "stop being so self critical"
See also, the Pauli effect: https://en.wikipedia.org/wiki/Pauli_effect
The Pauli effect or Pauli's device corollary is the supposed tendency of technical equipment to encounter critical failure in the presence of certain people. The term was coined after mysterious anecdotal stories involving Austrian theoretical physicist Wolfgang Pauli, describing numerous instances in which demonstrations involving equipment suffered technical problems only when he was present.
An incident occurred in the physics laboratory at the University of Göttingen. An expensive measuring device, for no apparent reason, suddenly stopped working, although Pauli was in fact absent. James Franck, the director of the institute, reported the incident to his colleague Pauli in Zürich with the humorous remark that at least this time Pauli was innocent. However, it turned out that Pauli had been on a railway journey to Zürich and had switched trains in the Göttingen rail station at about the time of the failure.
R. Peierls describes a case when at one reception this effect was to be parodied by deliberately crashing a chandelier upon Pauli's entrance. The chandelier was suspended on a rope to be released, but it stuck instead, thus becoming a real example of the Pauli effect
Need more capacity for all the liberal tears?
Meanwhile the CEO is paid nearly $7M a year.
Before smartphones people had to want to "go on the internet", and know how to use a web browser. Now many people only know how to access "the internet" through "apps" to corporate controlled walled gardens like facebook, tiktok, etc.
On the other hand, the eternal September effect from smartphones ruined the internet. What will this ruin?
Have you ever used a local facebook group?