Pension Shell Game or Russian Oil Farce: Europe's Twin Accounting Tricks — €50B Deficit Deferred, $10,000/L Cap Ignored
TL;DR
* ¥€50B Widow's Pension Swap: Germany's Rent-Splitting Defers, Not Cuts, Liability. Is rent-splitting real reform or just kicking the pension can down the road?
* $10,000/L Oil Cap: 21,000x Market Price, Zero Impact — India, China Prove the Farce. Did the $10,