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Some of the pensioners or fund managers will have to downgrade their yachts anchored at Gran Canaria, cry me a river....

Fund managers at a Swedish pension firm don't have yachts. The teachers/train drivers/policemen etc. they manage pensions for definitely don't.

Maybe not in Canary islands, but I have no doubt some of them have sail boats in Sweden. They are not that poorly paid or altruists...

They could be effective altruists though!

Pensioners are normal people.