As of this morning, US Unfunded Liabilities are greater than US Total National Assets
usdebtclock.org/ h/t Zanfell
liabilities
GALLUP: “Socialism and Atheism Still U.S. Political Liabilities – Majority in U.S. would not support a socialist for president”
GALLUP: “Socialism and Atheism Still U.S. Political Liabilities” STORY HIGHLIGHTS Over 90% would vote for … Read more
Ouch. China industrial profits fall sharply by -9.9% YoY & year-to-date -2.9%. Meanwhile, liabilities are UP 4.9%!
Ouch. China industrial profits fall sharply by -9.9% YoY & year-to-date -2.9%. Meanwhile, liabilities are … Read more
It would take 74 years for Chinese and Hong Kong stocks to pay back their liabilities from free cash flow!
via @TaviCosta: Even worse than countries like Argentina & Greece. Talk about dumping capital into massively … Read more
Peter Schiff: Trump has put QE4 in play … Chris Martenson: Unfunded liabilities will crater the U.S. Economy … Goldcore: Silver set to soar to $50/oz …
BY JOHN RUBINO Jim Rickards: In the next financial panic, “gold will be going up … Read more
The True Size Of The U.S. National Debt, Including Unfunded Liabilities, Is 222 Trillion Dollars
by Michael Snyder The United States is on a path to financial ruin, and everyone … Read more
Unfunded Liabilities of State Pension Plans Now Total $5.9 Trillion+
via alec.org: Unfunded liabilities in public pension plans continue to loom over state governments … Read more
CNBC: A big change in accounting will put $3 trillion in liabilities on corporate balance sheets
via CNBC: A big change in lease accounting rules effective Jan. 1 requires companies to … Read more
California: $1 trillion in unfunded pension & healthcare liabilities.
via fullmeasure: – It has between 3 to 5 million illegal immigrants. – 1/3 of the … Read more
Tax Everything: Illinois Unfunded Pension Liabilities Spiraling Out of Control
via confoundedinterest: Chicago IL (should be ILL) is the poster child for an insane pension program … Read more
In a blink, US state and local unfunded pension liabilities jump $2.3 Trillion!
by SpontaneousDisorder www.bloomberg.com/news/articles/2018-09-27/fed-accounting-change-boosts-unfunded-pension-obligations-chart In case you missed it, the Federal Reserve’s quarterly Financial Accounts report … Read more
Global Debt Hits Record $233 Trillion (US Taxpayers On Hook For $921K In Unfunded Liabilities)
by Anthony B Sanders (Bloomberg) Global debt rose to a record $233 trillion in the third … Read more
Larry Lindsay: “Unfunded entitlement liabilities take US Federal debt obligations closer to 300%, not 100%, which is > Greece’s debt.” A. Greenspan: “We’re not getting like Greece, we’re getting like Illinois.”
Larry Lindsay, 5/19/15: “Unfunded entitlemt liabilities take US Federal debt oblig’s closer to 300%, not … Read more