[SamuelBRoberts]

It's a shame that whenever an economic pundit starts talking about the Deep State it almost always means they're a weirdo crank, 'cause I'm curious about what he means by low-interest rates destroying the pension funds.

Does he mean that low interest rates are putting the pension funds at risk by forcing them to look at riskier investments to achieve the necessary rates of return to meet their projects? Or is he talking about something else that's less-obvious?