All posts in " Pension Crisis "
0 Shares

Pension Crisis – Congress is Unable to Act Because of Gridlock

By admin / January 12, 2020

Trump has called the Democrats the do-nothings. All they have been focused on is impeaching Trump for the polls they are looking at behind the curtain all show Trump will beat whoever they put up as their candidate. the motto has been – if you can’t beat him, impeach him. There is no other area […]

0 Shares

BRICS, Real Estate, & Pensions

By admin / December 19, 2019

QUESTION: Dear Amstrong, Thank you for all the training you have been teaching us for years. Even though I have gone through 3 universities and have special titles in economics and finance, only after accompanying you for these 15 years, I could understand a little of the true world in which we live. I have two […]

0 Shares

GE Pension Crisis Escalates

By admin / October 10, 2019

General Electric Co announced it was freezing its pension fund for about 20,000 U.S. employees with salaried benefits as the Pension Crisis continues to build. Its pension deficit is up to $8 billion. GE’s pension plan has been closed to new entrants since 2012. This is the cost of Quantitative Easing and lowering interest rates […]

0 Shares

Is Chicago Doomed?

By admin / September 10, 2019

COMMENT: Chicago is at it again. The new mayor, Lorie Lightfoot, is proposing a sales tax for high end professional services such as accounting, legal and investment banking. Can you imagine how fast the business district will be vacant! VL REPLY: Chicago is rather doomed. The teachers wanted to put a tax on all trading […]

0 Shares

Why I Thank God I am Not 25

By admin / August 16, 2019

QUESTION: Mr Armstrong, In this morning’s blog you stated that the Dems are trying to take control of the power in Chicago, which I assume is the plan for everywhere eventually. My question is; In your opinion is the fact they are being so blatant in their attack on our freedoms indicate that they are […]

0 Shares

UK Strips 86-Year-Old of Pension because She Saved £50 a Month

By admin / August 5, 2019

An 86-year-old widow who contributed every week to her pension while working was stripped and left destitute after her local council took away her $50,000 life savings. They claimed she saved too much money and was only allowed to have a maximum of £16,000 in savings. She was a former chambermaid and received means-tested housing […]

0 Shares

The Black Hole of Debt

By admin / July 17, 2019

We are facing a serious collapse in government that appears to be shaping up on the horizon beginning 2021/2022. Take the city of Chicago for example. The city is buried under a mountain of city employee pension debt and it’s impossible to see how their city could possibly survive. There will be a major financial […]

0 Shares

Swiss Occupational Pension Plan Turns Out to be a Ponzi Scheme?

By admin / May 31, 2019

  In Berne, Switzerland, there has been a redistribution in occupational pensions which has revealed that it too is not a funded pensions plan as people previously assumed. For at least twelve years, pension fund monies have flowed from the employed to the pensioners. The amount has reached a tremendous scale with funds in the […]

0 Shares

Will Social Security Exist in 2021?

By admin / May 2, 2019

QUESTION: Hi Martin, You mentioned in a 2016 blog post that “We will probably see the end of this Social Security program by 2021.772 (October 9, 2021)”. Does this forecast still have a high probability of occurring? If so, won’t this be devastating to retirees, especially those with little or no retirement savings? My employer no […]

1 2 3 8
Page 1 of 8