Gotta remember that in the west:
> bank accounts use your deposits to make loans to others
> your 401k / pension is used to prop up the stock market and venture capital
> the money you pay insurance is used in private credit / shadow banking loans slash investments
> the property taxes you pay, well who the hell knows where that goes. One kinda crazy guy on youtube talks a lot about money meant to go to schools ending up in unsecured investments, but he sounds unhinged
https://www.youtube.com/watch?v=5qkNpMxD9kw
https://www.wheresyoured.at/hatersguide-privatecredit/
" In the aftermath of the great financial crisis, insurance and pension funds found themselves desperate for yield — regular returns — to meet their payment obligations. Private credit has become the yield-bearer of choice, feeding over a trillion dollars of these funds’ investments into leveraged buyouts, AI data centers, loans to software companies, and failing restaurant franchises.
In some cases, asset managers have purchased insurance companies with the explicit intention of using them as funders for future private credit investments, such as Apollo’s acquisition of Athene, KKR’s acquisition of Global Atlantic, and Blue Owl’s acquisition of Kuvare. More on this later, as it fucking sucks. "
npub1wa…7rx8s
2026-09-01 20:31:09 UTC
in reply to nevent1q…7xey
Author Public Key
npub1wac45xuvv6mtm0gqcr5efwgw6jpa3jy44zngw7jtwuhkqywk8mwqp7rx8sPublished at
2026-09-01 20:31:09 UTCEvent JSON
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