To tell the story of how the global income distribution has changed, it's THESE Milanovic graphs we should use: https://t.co/62z3Xlq1bH
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys
June 28, 2022
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys via daily shot newsletter from