> As for people getting hurt, yeah, that sucks.. but you should never invest what you can’t miss..
You do understand that pension funds are financed through these investments, don't you? This means that the people who will be hurt the most are those who didn't invested. It's not the billions that Bezos and Musk lost that's painful. It's the old mom or pop who worked their whole life and now can't retire because their pension doesn't allow to survive.
And you do realise these are long-term investments by pension funds and governments right?
You aren’t actually getting paid with the actual money invested, they usually already calculate with 108-110% coverage, and already assume life-long coverage with an average far exceeded average lifespan, precisely to take this into account
You do understand that pension funds are financed through these investments, don't you? This means that the people who will be hurt the most are those who didn't invested. It's not the billions that Bezos and Musk lost that's painful. It's the old mom or pop who worked their whole life and now can't retire because their pension doesn't allow to survive.