politics

Times have changed, in the past it was invested by banks in development and productivity and today in political goals. Same with pension funds, it is increasingly becoming an extension of the government than a savings pot for later. what could go wrong? 🤡

“The Savings and Investments Union […] aims to connect savings to the most productive investment, with a focus on the Union’s strategic objectives including innovation, decarbonisation, digital technologies and defence. It will focus on increasing returns on savings of EU citizens and widening financing opportunities for businesses, improving the competitiveness of the EU.”