“It's clear to me when you do private equity well, you're making companies more efficient and helping them grow and become more profitable. That success means our investors - such as public pension funds - benefit, which contributes to the economic wealth of society.” WellsMeanHelpingGrowsWealthCompanyClearEconomicBenefitsFundInvestorsEfficientEquityProfitablePensionPrivate Equity Author:David Rubenstein
“So virtuous are the programs said to be - pensions for the elderly, compensation for the unemployed, medicine for the sick, and assistance for the disabled - few dare ring the alarm of looming economic catastrophe that threatens to destabilize the civil society.” SaidEconomicProgramSickMedicineDareRingsVirtuousCatastropheAssistanceCompensationElderlyDisabledAlarmsUnemployedCivil SocietyPensionLooming Book:Liberty and Tyranny: A Conservative Manifesto Source: Liberty and Tyranny: A Conservative Manifesto
“One of the big problems in America's economic polarization and shrinkage is that pensions can't be paid. So there are going to be defaults on pensions here, just like Europeans are insisting in rolling back pensions. You can look at Greece and Argentina as the future of America.” LooksProblemBigsAmericaEconomicPaidRollingGreeceDefaultPensionBig ProblemsArgentinaInsistingPolarizationFuture Of AmericaShrinkage Author:Michael Hudson