Pensions Now Depend On Bubbles Never Popping (But All Bubbles Pop)
We’re living in a fantasy, folks. Bubbles pop, period. When this bubble pops, there will be serious problems for the pension funds. Here’s why…
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Two Giant Pension Funds Just Admitted To Have BIG PROBLEMS
These two huge pensions funds just admitted big problems, and we’re not even in recession or a stock market downturn yet. Here’s the details…
Continue readingFund Manager: Is The Fed Pumping Stocks To Keep The Pensions Solvent?
Dave Kranzler says “if the Fed can keep the pensions thinly solvent by pumping up the stock market, Congress and State Governments can defer the…”
Continue readingThe Unworkable Math Of The Pension Funds Is Coming To Light
“The ‘pension crisis’ is one of those things that’s always coming but never arrives.”
Continue readingHere They Come: Up to 90% Pension Payment Cuts
CalPERS is cutting in ranges estimated at 70%, 92%, and even 100% depending on the location, terms and conditions. The pension and retirement systems across the United States are rolling […]
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