Pension funds are always underfunded. They’ve made promises they can’t keep. This goes for Europe, North America, and everywhere else in the world. The stock market rises, but the pensions do not. Well there comes a time in which governments or companies need to make difficult decisions. The approval is given and there goes your pension.
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ℹ️Sources Used in This Video ℹ️
https://goo.gl/UpprQe
Pension-Problems-Returns-040417-3.png (1768×953)
Actual-vs-Promised-040517.png (1103×644)
Kitces-Spending-Drawdown-071116.png (718×431)
SP500-SpendDown-Scenarios-050818.png (980×510)
Retirees Face A "Pension Crisis" Of Their Own | RIA
http://realinvestmentadvice.com/retirees-face-a-pension-crisis-of-their-own/
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Thank you David. Actually I think a full pension paid by Gov "rescue" with printed money is more scary as then the purchasing power loss will probably be more than a pension reduction.
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You know we’re heading towards a bloody revolution right ❓So indeed do get prepared because SHEEPLE are just going to turn into vicious animals when they find out that all they worked for is lost . You’ll probably see a lot of politicians hanging from light poles . I’m crawling into my bunker until I don’t hear SHIT . LOL 😂 I just wouldn’t stand a chance if an angry MOB wanted my food and supplies . Thanks 🙏 for more news I can use 👏👍
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