![The Great KiwiSaver Collapse / Ep 270 - podcast episode cover](https://d3t3ozftmdmh3i.cloudfront.net/production/podcast_uploaded_episode400/1290626/1290626-1648529193625-d49ea119f7b1c.jpg)
Episode description
KiwiSaver is about to collapse and people aren't ready for it.
What I'm talking about isn't necessarily something out of the blue. It's something that's been building since the global financial crisis in 2007. There was collateralized debt, essentially a combination of shitty loans that went together to make a good loan and with a good credit rating.
Then suddenly it tanked, and the market lost its confidence.
Taking years for the investment markets to recover.
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