"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Pensions 'Timebomb' - 85% of Pension Funds Will Go Bust
Submitted by Bradley Keyes on Fri, 2014-04-18 00:00
Public pension plans now have only $3 trillion in assets to invest so that they can pay out $10 trillion of retirement benefits in coming decades, according to Bridgewater. The funds would need an annual investment return of about 9% to meet those obligations, the report says.
0
Your rating: None
- Login to post comments
User Login
Search This Site
Recent comments
-
Never Forget Building 7: https://www.infowars.com/pos...2 weeks 5 days ago
-
Straight out of the communist playbook, as per Saul Alinsky...21 weeks 4 days ago
-
It's certainly a step in the right direction.29 weeks 4 days ago
-
They may be in control of someone else. But they are NOT in...30 weeks 1 day ago
-
More prescient than one would have realized after the experi...30 weeks 2 days ago
-
http://www.informationliberation.com/?id=633351 year 2 weeks ago
-
“Madness is something rare in individuals — but...1 year 6 weeks ago
-
I wouldn't be surprised to learn that it's some kind...1 year 6 weeks ago
-
And they're just the ones that got caught.1 year 6 weeks ago
-
The fruits of Marxism: Complete and total insanity.1 year 17 weeks ago
more