Charles Hugh Smith interviewed on Financial Repression Authority Today we have Charles Hugh Smith. He is an author and leading global finance blogger and America’s philosopher – we call him. He’s the author of nine books on our Economy and Society including …
The deputy who refused to confront the gunman during the Parkland shooting was allowed to quietly retire and is now receiving more than $100,000 a year in state pension funds. Parkland, Florida – The police officer who was publicly shamed …
by Martin Armstrong QUESTION: Hi there Mr. Armstrong In attempting to synthesize some of your past comments, I wonder if it is accurate to conclude that rate hikes are the lesser of two evils between collapsing pension funds and higher debt …
by Mark Glennon of Wirepoints An audible gasp went out in the breakout room I was in at last month’s pension event cosponsored by The Civic Federation and the Federal Reserve Bank of Chicago. That was when a speaker from the Chicago Fed …
In this hard-hitting Real Vision special, Raoul Pal presents the single most important financial topic of a generation — the Baby Boomer retirement crisis. He asks the hard questions: Can you afford to retire? How will the coming crisis impact …
via CNN: Eventually, there aren’t any more half measures to take or stalling tactics that work. It doesn’t matter what you were promised or what you believe you earned. Pension recipients simply will not receive what they were promised to …
Why isn’t anyone talking about the pension funds that have been cut before and will be cut again? Mainstream media, forget it. Governments, forget it. But even the alternative news barely touches it. For such a big issue, it’s quite …
From Birch Gold Group Hurricane Harvey isn’t done yet. First it hit the Gulf Coast, then it hit Hollywood (Harvey Weinstein)… And now it’s hitting Harvey, Illinois, a town of 25,000, in the form of a major pension crisis that includes …
Josh Sigurdson talks with author and economic analyst John Sneisen about the coming pension crash as Jeff Desjardin predicts that the global pension shortfall will reach 400 trillion by the year 2050 based on analysis by the World Economic Forum …
The year 2050 is factoring in continuous growth from now until then. Just imagine how it will be in reality! The pensions will not be able to keep up with their promises. Get ready for cutbacks! Why isn’t this a …
Note: the missing $20 trillion does not refer to the national debt. by Jon Rappoport Alert to pension fund managers all over the planet—and to everyone else— “If 1,000 US and global pension fund managers start asking questions it could …
by John Rubino Pensions really are in crisis, but the story is so full of large numbers, obscure projections, and dry terms like “unfunded liabilities” that not many people are paying attention. The same is true for a lot of …
1. 1 million Americans are counting on Congress to save their pensions http://money.cnn.com/2018/04/17/retir… 2. The Collapse of Public Pension Funds Is No Longer a Distant Prospect https://www.bloomberg.com/view/articl… 3. A $76,000 Monthly Pension: Why States and Cities Are Short on Cash …
U.S. Pension Fund Collapse Isn’t a Distant Prospect. It Could Come in 5 Years Warnings about looming public pension disasters have regularly cropped up since the 1950s, pointing to problems 25 years or more down the line. To politicians and …
by John Rubino “War” and “pensions” are conceptually about as different as it’s possible to be. But – in a measure of how far into Crazy Town we’ve wandered – they’re both taking the world in the same direction. If …
by DCG Tax dollars at work. From NY Post: It’s a loophole big enough to squeeze a pension through. Joe Percoco, the disgraced former top aide to Gov. Andrew Cuomo, will be able to cash in once again on his time in …
by Martin Armstrong Back in 2011, the Italian government under Mario Montis instituted a pension reform deciding the Fonero right. Italy had to impose this reform to reduce its debt to comply with the Maschrict Treaty. The Social Affairs Minister Elsa Fonero, increased in …
If you’re not prepared, you will be screwed. Don’t make that mistake. How do you prepare? The Fed has been devaluing the US dollar on a consistent basis since its creation over a hundred years ago. As time goes …
BC NDP Government wasting millions on partisan ads
by Martin Armstrong QUESTION: The Fed says it will raise rates two or three times more this year. My question is this: If the stock market is crashing, why are they still raising rates? HW ANSWER: The Fed is raising rates because …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter On Sunday, storied gun maker Remington Outdoor Co. filed for Chapter 11 bankruptcy, buckling under its debts. Its intention to file for bankruptcy has been known at least since February, but sources told The Wall Street Journalthat …
by Simon Black The US pension system has gotten so bad, Congress is actually planning for its failure. As the government was working on the recent, new budget deal and subsequent boost in government spending, Congress quietly snuck in a provision …
inShare From Birch Gold Group Pension plans across the U.S. have been doomed to fail since 2008. But surprisingly, that’s not the most alarming news regarding pensions… New Jersey (NJ) has the 2nd worst credit rating and the most underfunded public pension fund …
by GoldCore Women’s Pension Crisis Highlights Dangers To Savers – International Women’s Day highlights the underreported UK Women’s pension crisis – 2.66 million affected by UK government’s change to state pension act – Women’s pension crisis is one of many …
Are Pension Funds Embracing Too Much Risk? https://www.youtube.com/watch?v=a9GIF36r6IM Alarming: This huge pension fund loses 5% of its assets in just 11 trading days. Is the worst yet to arrive? According to EWI’s analysis, ALL investors need to learn how to …
by Dave Kranzler of Investment Research Dynamics Dr. Paul Craig Roberts sent me an article by Catherine Austin Fitts and asked if I had read it. The article is titled, “The State of America’s Pension Funds.” The article is worth reading, though I believe Ms. …
By Dan Walters The essence of California’s pension crisis was on display last week when the California Public Employees Retirement System made a relatively small changein its amortization policy. The CalPERS board voted to change the period for recouping future investment losses …
by John Rubino The “pension crisis” is one of those things – like flying cars and nuclear fusion – that’s always coming but never arrives. But the reason it hasn’t yet happened is also the reason that it willhappen, and soon: …
Via NY Post A former Sanitation Department honcho is pulling in an astonishing $285,047-a-year pension — more than twice what he was making on the job, according to newly released data. And that’s just one of dozens of huge pension …
by Martin Armstrong Inevitably, all things must come to an end. Our entire problem with government is we have ZERO accountability and ZEROqualification standards to even run for office. The Democrats have put forth blacks and women, not because of their abilities, …