Otto von Bismarck
Coverage of Otto von Bismarck in the Nexus archive.
- Money Managers Chase €500 Billion Historic German Pension Shift
A major reform in Germany's pension system, dating back to its establishment by Chancellor Otto von Bismarck, is set to occur. This shift involves an estimated €500 billion in funds. The change is expected to provide modern fund managers with a substantial new amount of cash to deploy.
- Africa’s many tribes, By Uddin Ifeanyi
The article criticizes the Berlin Conference as a disservice to Africa, highlighting Otto von Bismarck's role in preventing European competition over African influence and trade in the late 19th century. It references the historical impact of European actions on the continent.
- Retiring at 62 costs the average American $250,000. Here’s the math (and the neuroscience) that explain why
Retiring at 62 instead of 67 costs the average American $250,000 over their lifetime due to reduced Social Security benefits, increased longevity risk, and cognitive decline. The retirement age of 65 originated in 1889 with Germany’s pension system and was adopted by the U.S. in 1935, but modern life expectancy now makes it financially risky.