Gerald Celente 2019 Trends Forecast: Uprisings And Zombies
This year we’ve seen uprisings in France, Belt & Road progress, and central banks gobbling up gold. What does Gerald forecast for 2019? Tune in…
Continue readingRetirement Crisis
What 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 readingNickel & Dimed: Chicago Playstation Users Angry They Must Now Pay 9% ‘Amusement Tax’
Many online gaming/streaming services have already given in, having lost in court. Now Sony has given in as broke cities nickel and dime their residents…
Continue readingROTTING BIG APPLE: New York City Joins The ‘Imminent Bankruptcy’ Club`
NYC has been quietly accumulating unfunded liabilities that have now thrust the city into the “imminent bankruptcy” club. Here’s John Rubino to explain…
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 readingThe Death Of The Middle Class: Just How Many Households Qualify As Middle Class?
Even when using a bare-bones budget of what it realistically costs to qualify as middle-class in America, the income needed is rather eye-opening…
Continue readingOpen Corruption, Banana Republic Style: No Wonder So Many US Pension Funds Are Insolvent
Pension funds in the US are in terrible financial shape to begin with, and then stuff like this happens with this state’s pension fund. Overt corruption…
Continue readingPensions 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…
Continue readingThe Middle Class Retirement Nightmare And The Retirement That May Never Happen
Millions of Americans may have to delay retirement for years — if not permanently. The outlook is not good at all. Here’s why…
Continue readingFrom Argentina To Tennessee: The Emerging Market Crisis Spreads To The Core
The Tennessee public sector retirement system suffers big losses as the search for yield in emerging markets turns out to be a terrible bet. Here’s more…
Continue readingThe Global Pension Crisis Is Bigger Than The World’s 20 Largest Economies
The US pension funding shortfall is 10% of the global pension shortfall, and the global pension shortfall is downright staggering. Here are the details…
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 readingWill Pension Funds Get Destroyed The Next Time The Stock Market Crashes?
Pensions are in serious trouble even as stock prices have soared, but what happens when the market inevitably crashes? Here’s Mish Shedlock’s take…
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 readingTwo 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 readingThe Public Sector Pension Parasite Is Devouring Its Host
It’s not if, but when and in what order do the unstable imbalances tip over. Here’s the details…
Continue readingKeith Weiner: Social Security CANNOT Go On Paying As It Has Promised
“will not have the secure retirement that he plans to have. In future years, he will look back bitterly on the bogus…”
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 readingSilver’s Plunge Last Friday Afternoon Was Caused By The Selling Of PHYSICAL Silver NOT PAPER
Keith Weiner provides a “forensic look at the intra-day action on Friday”, and this is what he found…
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