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Posts tagged 'pensions'

The Coming Run On Banks And Pensions - Dave Kranzler

By Dave Kranzler 2 months ago 8551 Views No comments

The public awareness of the degree to which State pension funds are underfunded has risen considerably over the past year. It’s a problem that’s easy to hide as long as the economy is growing and State tax receipts grow. It’s a catastrophe when the economic conditions deteriorate and tax revenue flattens or declines, as is occurring now.

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More Bad News About Pensions: Be Your Own Central Bank - Rory Hall

By Rory Hall 3 months ago 5362 Views No comments

These thieves in corporate America, managers of state and local government pension funds and social security, can no longer hide their incompetence and blatant theft.

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Zio-Cons and Banksters: Enslaving Our Lives and Stealing Our Wealth - Rory Hall

By Rory Hall 3 months ago 5029 Views No comments

The theft of our pensions and retirement savings is not only an ongoing situation, the “big one” is on the horizon and seems to be approaching the apex for millions upon millions of people.

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Welcome To The Third World: Honest Pension Returns Equal Mass-Bankruptcy - John Rubino

By John Rubino 7 months ago 4749 Views No comments

Last year the California Public Employees’ Retirement System, otherwise known as Calpers, cut the expected return on the funds it invests for plan beneficiaries from 7.5% to 7%. Seems like a modest change that should have a correspondingly limited impact on all concerned, right? Alas, that’s not how things work in the realm of compound returns, where small initial changes produce hugely different outcomes.

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Kim Kardashian, Millionaire Cops and the 1% - Peter Diekmeyer

By Peter Diekmeyer 1 years ago 2443 Views No comments

One of the first things that the nouveau riche learn the hard way is that it pays to be discreet about wealth. Public sector employees, many of whom retire millionaires, figured this out long ago. The 1% likely won’t be so lucky.

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Your Retirement Income Is At Risk! (Part II) - Gary Christenson

By Gary Christenson 1 years ago 1149 Views No comments

If bankers create currency via fractional reserve banking and central bankers create currency via QE and other nonsense, the currencies are devalued and we all pay via higher prices, decreased earnings, and devalued savings.

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Welcome To The Third World: Pensions Overwhelm Public Services - John Rubino

By John Rubino 1 years ago 1067 Views No comments

Citizens of the developed world are watching Venezuela’s descent into financial and political chaos mostly, it seems, with amused detachment, safe in the assumption that we’ll never end up hunting our cats and dogs for food. But – since Europe, Japan and the US are making essentially the same mistakes as Venezuela’s past and present governments – we might want to question that certainty.

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Your Retirement Income Is At Risk! (Part I) - Gary Christenson

By Gary Christenson 1 years ago 1423 Views No comments

Social Security Pensions? Surely they are safe … the government told me they were safe. But there is more to the story, so read on.

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Retirement Dreams and Nightmares! - Gary Christenson

By Gary Christenson 1 years ago 1297 Views No comments

So, you want to retire? The retirement dreams of most Americans, Japanese, and Europeans are threatened.

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The Pension Bubble: How The Defaults Will Occur - Peter Diekmeyer

By Peter Diekmeyer 1 years ago 20567 Views 26 comments

Governments and businesses have vastly over-promised the benefits pensioners will get. Now would be a good time for investors to prepare backup plans.

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