The 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 readingRetirement Crisis
From 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…
Continue readingFacing The Horrible Future: It’s Still Not Too Late To Avoid It
“It’s only by facing the true nature of our predicaments that we can avoid a truly horrible future…Time still remains, but it is running short…”
Continue readingJunk (Bonds) In The Trunk: Investors Get Comfortable With Subprime Auto Loan Bonds
“The longer an expansion lasts, the crappier its paper becomes. That may seem like a baseless assertion, but it’s actually just simple math.” Here’s why…
Continue readingDavid Morgan Asks: Does Your Pension Fund Have ENOUGH Gold?
Is gold required for proper portfolio diversification? Here’s David’s great primer on gold’s role in pension portfolios before its too late to allocate…
Continue readingPeter Schiff: The Best Americans Will Ditch America As Govt Taxation Becomes Too Much To Bear
Peter says the smartest and hardest working will be leaving in droves, and they’ll say “to heck with the forms and fees” and just leave. Here’s why…
Continue readingThe Pension Crisis Is Intensifying But The MSM And Politicians Just Ignore It
Charles Hugh Smith explains why either a tax revolt or local, state and federal governments literally going broke will finally force the needed changes…
Continue readingBroke Illinois Pension System Leaves Every Resident With $11,000 Of Debt
“failure to address its pension crisis has resulted in further deterioration of the state and cities’ finances, exorbitantly high borrowing costs, and…”
Continue readingEric Sprott On The Impact Of Higher Interest Rates & The Selloff in Gold Prices
“As we head into a holiday weekend here in Canada, Eric stops by to talk the latest global news in precious metals…”
Continue readingMeet America’s Next Pension Casualty: The Inventor Of Chocolate Sprinkles
“basically the union mismanaged its own pension fund, and then legally forced the company into an unsustainable financial position that could…”
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