Pension funds and other retirement accounts are a simple concept. Invest the money now and we’ll pay you out at a later date. It’s a simple Ponzi scheme that works well under most conditions. Just keep money pouring in and you will always have money to give out. But what about if you don’t have enough money coming in? What happens then? Also, this money you put in has been gambled with. Tampered with.
In the end, there will be nothing left for you and I.
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In This Episode:
Pension funds and other retirement accounts are a simple concept. Invest the money now and we’ll pay you out at a later date. It’s a simple Ponzi scheme that works well under most conditions. Just keep money pouring in and you will always have money to give out. But what about if you don’t have enough money coming in? What happens then? Also, this money you put in has been gambled with. Tampered with.
In the end, there will be nothing left for you and I.
pension fund pensions bond fed federal reserve central bank debt deficit money cash savings
Moody's: Public pension liabilities unlikely to get reprieve over next 3 years - Pensions & Investments
http://www.pionline.com/article/20170620/ONLINE/170629984/moodys-public-pension-liabilities-unlikely-to-get-reprieve-over-next-3-years
Public pension liabilities vastly outpacing contributions despite higher payments — report - Pensions & Investments
http://www.pionline.com/article/20170621/ONLINE/170629952/public-pension-liabilities-vastly-outpacing-contributions-despite-higher-payments-8212-report
Asset Publisher
http://www.investmentexecutive.com/article-details/-/asset_publisher/uOfAVucMj8hF/content/iiac-calls-on-feds-to-bolster-private-retirement-savings-system/pop_up;jsessionid=siiB6ySoocqJ+pJI5q7UjpmJ?_101_INSTANCE_uOfAVucMj8hF_viewMode=print
U.S. Public Pension Plan Contribution Indices, 2006–2014 | SOA
https://www.soa.org/research-reports/2017/public-pension-indices/
2017.03.31 - Pension 3.jpg (1430×919)
2017.03.31 - Pension 8.jpg (1430×938)
average debt.jpg (1200×668)
debt balance at death.jpg (573×343)
People think it's risky to invest, so they put it in pension which is much riskier
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this financial system is like the baby boomers, it is dying at the same pace
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My pension is my Gold and Silver bullion!!
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Great work!
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