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Germany's Pension Time Bomb: $2+ Billion In CRE Losses Expose Cracks In The Fiat Era

Germany's Pension Time Bomb: $2+ Billion In CRE Losses Expose Cracks In The Fiat Era Submitted by Thomas Kolbe, A shock for the insured members of the Versorgungswerk Zahnärzte Berlin-Brandenburg (VZB). According to a report this week by Bloomberg, losses at the private pension fund total €1.1 billion. Roughly 50 percent of its invested capital has effectively been wiped out—channeled into private loans to non-listed companies, including rPlanet Earth in California, a shrimp farm in northern Germany, and, repeatedly featured on the investment menus of German pension funds, U.S. commercial real...
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May 27, 2026 / Tyler Durden
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Apr 17, 2026 / Tyler Durden
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Apr 15, 2026 / Dave DeCamp
US Bombs Somalia for 54th Time This Year
The US launched another airstrike in Somalia on April 13, US Africa Command said in a press release on Wednesday, as the bombing campaign continues with virtually no US media coverage. AFRICOM said the strike targeted al-Shabaab in the village of Mido, approximately 55 miles northwest of the southern port city of Kismayo in Somalia’s […]
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