Warren Buffett: “Retirees face a bleak future”
Only a handful of people in the world have the ability to set interest rates and inflation policy, or to manage Social Security back to health. Chances are…
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The Great Retirement Threat: Massive Failures Ahead
The United States is on the precipice of the greatest retirement crisis in the history of the world…
Continue readingSimon Popple: How To Earn Income In This Economy?
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Millions are out of work, inflation is picking up, owning rental properties is now risky, and interest rates are ultra low. How can people generate income?
Continue readingHow Pension Funds Die, CalPERS Edition
CalPERS has levered-up and bet the farm…
Continue readingSocial Security Will RUN OUT Of Money IN 9 YEARS Because Of Covid-19
Social Security was already in DEEP Trouble, and now, the government’s options for Social Security are extremely limited…
Continue readingThe Greatest Retirement Crisis In The History Of The World
“Too frail to work, too poor to retire” will become the new normal for many elderly Americans. Here’s why…
Continue readingBaby Boomers Are IN TROUBLE As CRASH APPROACHES! – Pensions ARE NOT Safe!
Pensions face countless problems, the pension shortfall is massive, and many baby boomers, who have already lost so much, will not get their pensions…
Continue readingHow Many Of Your Local Taxes And Fees Are Rocketing Higher?
While wages have supposedly gone up 3.4% in 2018, taxes and fees are rising at much higher rates…
Continue readingWhat Do The Paris Riots And Japan’s Lack Of Sex Have In Common?
This is one of those truths about pensions and Social Security that we have been talking about. Something has got to give. Here’s some cold, hard truth…
Continue readingPENSION TENSION: It’s An Emotional Subject, But We’ve Got To Talk About It
Robert Kiyosaki says if you think that government won’t take away the pensions it promised, you aren’t paying attention. Here’s why…
Continue readingOne-Third Of Americans Have Less Than $5,000 Saved For Retirement
Americans are in terrible financial shape for retirement, and it doesn’t look like it will get any better any time soon. Here’s why…
Continue readingFairy Tale Investing: The Fantasy Of A ‘Balanced Portfolio’ With ‘Balanced Returns’ Funding Retirements
A balanced portfolio yielding balanced returns for decades to come is widely accepted as a sure thing, but really that’s just pure fantasy. Here’s why…
Continue readingAnother Way To Look At The Pension Crisis: A Stealth Mortgage On Your House
A home is likely one’s biggest asset, but a big chunk of home equity is secretly claimed by the local government, and it will only get worse. Here’s why…
Continue readingBankrupt Philadelphia Plunders Its Property Owners For Cash
The city is now filing liens on homeowners, for, unpaid gas utility bills, and not unpaid to the tune of $1,000s, but low $100s. Here’s more…
Continue readingAnd The Latest Casualty In The Global Pension Catastrophe Is…
“Incredible. 38.5%. At that level, there’s simply no chance the city will ever be able to meet its obligations to retired police officers….” Here’s the details…
Continue readingAmerica’s Silent $6,000,000,000,000 Crisis With No Solution In Sight
“From Portland to Portland, Lake Superior to the Mexican gulf…American pensions are wrecked upon the rocks of actuarial fact.”
Continue readingDark Days Ahead As The War Between Pensioners And Tax Payers Heats Up
“If the stock and bond markets suffer multi-year declines, even modest declines, the pension war will move from skirmishes to…”
Continue readingMeanwhile: Congress Has Quietly Formed A Committee To Bail Out 200 Pension Funds
“The US pension system is beyond repair. And if you’re depending on pension income to carry you through retirement, it’s…”
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 […]
Continue readingLynette Zang: First Gold, Then Fiat, and Now They Want EVEN MORE POWER
Lynette Zang discusses how Pensions, IRAs and 401Ks are simply going to vanish into the financial black hole. Lynette says that going from gold to fiat was destructive by design, […]
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