The Demographics of Financial Doom
Whether we admit it or not, collapse is the default “solution.” That destiny was already written by demographics…
Continue readingWhether we admit it or not, collapse is the default “solution.” That destiny was already written by demographics…
Continue readingBernie Madoff’s spirit lives on, and this inflation isn’t transitory. Higher prices are here to stay…
Continue readingYou rarely hear anyone talking about Social Security. If they do, they think they can tweak a tax rate or two, and poof, problem solved. Sorry, but this is…
Continue readingThey will initially do everything in their power, which is helicopter money, stopping withdrawals, bail-ins, bail-outs, and…
Continue readingSocial Security was already in DEEP Trouble, and now, the government’s options for Social Security are extremely limited…
Continue readingWith mind-numbing trillions and trillions of unfunded obligations, Social Security and Medicare are now regarded by many as Ponzi schemes…
Continue readingWhen will there be too many people getting benefits and not enough paying in? Here’s that answer and more…
Continue readingDo not be fooled by the Treasury and all of the games they play…
Continue readingPresident Donald Trump has repeatedly said that cuts are not on the table…
Continue readingThe Social Security Administration says that it needs a MINIMUM of 2.8 workers paying into the system for every one retiree, however…
Continue readingSimon Black says the trust funds don’t have enough money to keep the programs going, at least under the current promises. Here’s more…
Continue readingWhen adding-up Social Security’s liability, Uncle Sam’s total net worth is NEGATIVE $75 TRILLION. What could possibly go wrong? Here’s Simon…
Continue readingSocial Security is now a “bad deal” for current and future recipients precisely because the costs of its Ponzi structure are starting to be felt…
Continue readingThere’s a specific reason the world’s largest fund lost so much money, and the United States is in the same predicament. Here are the details…
Continue readingThere’s a big fight (and a shutdown US govt) over the funding for a wall, but Simon Black says this problem is 10,000 times bigger than the wall…
Continue readingSocial Security is going broke. The government administration already has a dismal batting average, and now this happens. Here are the details…
Continue readingPension 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 readingThe US pension funding shortfall is 10% of the global pension shortfall, and the global pension shortfall is downright staggering. Here are the details…
Continue readingAmericans 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 readingSince Baby Boomers are doing a whole lot better, financially, than the generations behind them, this is very troubling news. Here are the details…
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