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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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Mar 26, 2026 / Tyler Durden
Putin Issues Some Frank Thoughts On 'Unpredictable' Iran War
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Jun 24, 2026 / Joseph T. Salerno
Murray N. Rothbard: Toward a “Science of Liberty”
Social, economic, and political problems are intertwined and complex and require a grand theory to address them. For Rothbard, the unifying theme of social theory was liberty.
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May 26, 2026 / Tyler Durden
How The Deep State Weaponizes AI To Control The Narrative
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