David Morgan: US On Trajectory To System-Wide Collapse, Jobs & Retirement Dollars Will be Lost

The European Union’s pension schemes show big shortfalls, and millions risk big cuts to their pensions, but the US on the same trajectory. David explains…

by David Morgan of The Morgan Report

Pension Schemes in EU Show Big Shortfalls | https://www.themorganreport.com

Millions of retirees and workers are at risk of losing their multiemployer pension benefits because their plans are forecasted to become insolvent in the near future. This would lead to these retirees receiving just a portion of their pensions. Eu’s crisis also puts the United States on the trajectory toward a systemwide collapse, and the elimination of billions in retirement dollars and tens of thousands of jobs.

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