by cmartenson Well, for one Calpers could use tis considerable power to argue very publicly that the Fed should not be in the business of supporting high house prices and Goldman Sach’s bottom line with ultra-low interest rates. Second, Calpers …
The insolvency at CalPERS has exceeded $100,000 owed by every private citizen in California to government employees. It was $93,000 that every Californian owed back in 2016 for their state employees. In January 2017, Jerry Brown wanted a 42% increase …
by Martin Armstrong The largest public pension fund in the United States is the California Public Employees Retirement System (CalPERS) for civil servants. California is in a state of very serious insolvency. We strongly advise our client to get …