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And the plight of public pension funds is probably not even worth calculating, as we would simply find ourselves in a world where retirement as we now know it is fundamentally unaffordable, however we pretend we may have funded it so far.None of this means that market will fall tomorrow, or next month.
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However, we do not pretend to know what is listed on everyone's private balance sheet.
However, we do not pretend to know everything on a private balance sheet.
However, we do not pretend to know what is listed on everyone's private balance sheets (though some balance sheets are provided to us).
However, we do not pretend to know what is listed on everyones private balance sheets (although some balance sheets are provided to us).
However, we do not pretend to have captured 100% of the transmission dynamics.
We pretend not to know.
Should we pretend to be surprised?
"We pretend no one is around".
We are what we pretend to be.
We pretend.
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