Category Archives: Pensions-Retirement

Breaking Down America’s Worst Long-Term Challenges: #2- The Looming Retirement Crisis

Breaking Down America’s Worst Long-Term Challenges: #2- The Looming Retirement Crisis | Zero Hedge https://www.zerohedge.com/news/2018-05-17/breaking-down-americas-worst-long-term-challenges-2-looming-retirement-crisis Re-posed from Zero Hedge. Geoff Geoff Comments: Surely after the debt crisis the biggest American Economic crisis is the pension/retirement crisis…

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An “Audible Gasp” Was Heard When The Chicago Fed Unveiled Its “Solution” To The Pension Problem

An “Audible Gasp” Was Heard When The Chicago Fed Unveiled Its “Solution” To The Pension Problem | Zero Hedge https://www.zerohedge.com/news/2018-05-12/audible-gasp-was-heard-when-chicago-fed-unveiled-its-solution-pension-problem Re-posted from Zero Hedge. Geoff Geoff comments: And this problem will only get worse with the passage of time, the … Continue reading

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Dysfunctional CalPERS Board Distracted By Petty Squabbling As Fund Lurches Toward Bankruptcy

Dysfunctional CalPERS Board Distracted By Petty Squabbling As Fund Lurches Toward Bankruptcy | Zero Hedge https://www.zerohedge.com/news/2018-04-29/dysfunctional-calpers-board-distracted-petty-squabbling-fund-lurches-toward Re-posted from Zero Hedge. Geoff Geoff Comments: CalPERS is doomed… All of California is being torn apart by incompetence…

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The Pension Crisis Gets A Catchy Name: “Silver Tsunami”

The Pension Crisis Gets A Catchy Name: “Silver Tsunami” https://www.zerohedge.com/news/2018-04-23/pension-crisis-gets-catchy-name-silver-tsunami Re-posted from Zero Hedge. Geoff Geoff Comments: Catchy name for a self inflicted disaster…    

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“The System Will Have To Collapse”

“The System Will Have To Collapse” – The Burning Platfo https://www.theburningplatform.com/2018/04/21/the-system-will-have-to-collapse/ Re-posted from The Burning Platform. Geoff Geoff Comments: US pensions are doomed, collapse is the only answer…

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The Pension Time Bomb: $400 Trillion by 2050

The Pension Time Bomb: $400 Trillion by 2050 – The Burning Platform https://www.theburningplatform.com/2018/04/19/the-pension-time-bomb-400-trillion-by-2050/ Re-posted from The Burning Platform. Geoff Geoff Comments: Pension under funding creating a financial nuclear event…

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Illinois’ Regressive Pension-Funding Scheme Exposed

Illinois’ Regressive Pension-Funding Scheme Exposed | Zero Hedge https://www.zerohedge.com/news/2018-03-11/illinois-regressive-pension-funding-scheme-exposed Re-posted from Zero Hedge. Geoff Geoff Comments: Citizens of Illinois be, be forewarned…

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In 2016 Pension Funds Started Selling Market Puts, Then Last Week Everything Went Wrong

In 2016 Pension Funds Started Selling Market Puts, Then Last Week Everything Went Wrong | Zero Hedge https://www.zerohedge.com/news/2018-02-15/2016-pension-funds-started-selling-market-puts-then-last-week-everything-went-wrong Re-posted from Zero Hedge. Geoff Geoff Comments: Unbelievable! These public/private pensions, set up with a yield requirement of 6-8% was asking for … Continue reading

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$1.2 Trillion Asset Manager: Forget Volatility, The Real Financial Timebomb Is Public Pensions

$1.2 Trillion Asset Manager: Forget Volatility, The Real Financial Timebomb Is Public Pensions | Zero Hedge https://www.zerohedge.com/news/2018-02-13/12-trillion-asset-manager-forget-volatility-real-financial-timebomb-public-pensions Re-posted from Zero Hedge. Geoff Geoff Comments: Indeed, pensions are the Achilles Heel of America and its culture…

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