unfunded
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 $100 a day, $1,000 a week” … Noam Chomsky on the Russiagate “farce” … Glenn … 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 can see what is happening, but nobody can seem to come up with a way … 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 nationwide. If net pension assets are determined using more realistic investment return assumptions, pension funding … Read more
$7 Trillion Of Unfunded Pensions
by Jim Quinn This will surely end well 4th quarter market meltdown was enough to increase the total pension funding deficit by $700 BILLION can you imagine what a real … 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 nation’s welfare recipients. – 1 in 4 of America’s homeless population. – 1 in 5 … Read more
Yet Another Trillion-Dollar Unfunded Liability: WHY California Is Burning
by John Rubino The apocalyptic fires that hit California last month have left observers scratching their heads and wondering how destruction on that scale could be possible – and how much … 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 (mostly to municipal workers and public school teachers). But not only in the city of … Read more
Yet Another Trillion-Dollar Unfunded Liability, California Wildfires Edition
by John Rubino Yesterday an entire California town burned down. Paridise, CA has (had) 27,000 residents and over 1,000 buildings, and now it’s pretty much gone. A fire started nearby on a … 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 last week included a change to accounting for state and local pension-fund programs. The central … Read more
Yet Another Unfunded Liability: A Crowded Hurricane Alley
by John Rubino One of the big recent changes in American life is the ongoing mass-migration from the middle of the country to the coasts, especially in the Southeast and … 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 quarter of 2017, more than $16 trillion higher from end-2016, according to an analysis by the Institute … 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 100%, which is > Greece’s debt.” A. Greenspan: “We’re not getting like Greece, we’re getting … Read more