Pensions could be at the center of America’s next financial crisis. What led to this disaster and what effects will it have?

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Chapters

  • 00:00 Preshow
  • 01:52 The Idea of Retirement is Centuries Old
  • 02:26 History of Pensions in the US
  • 04:46 Decline of Pensions
  • 06:13 Crisis Looming; Dallas Case Study
  • 08:58 Short Term Promises With No Long-Term Sustainability
  • 11:10 Musuem Tower
  • 14:40 What is a Pension Anyway?
  • 17:24 Risky Investments
  • 18:32 CalPERS
  • 21:36 Public Pensions vs Risk Free Investing
  • 23:35 The Individuals
  • 25:23 Wall Street
  • 28:14 Private Pensions Foreshadow Doom
  • 31:07 Where Will the Money Come From?
  • 36:22 Inequality and Discrimination
  • 39:43 A Better Future
  • 40:38 Wrap Up
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