All posts in " Pension Crisis "
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The Netflix Tax

By admin / February 16, 2019

I have warned that once one state taxes something, the idea spreads like a contagion. Illinois and California wanted to tax movies or anything you stream. Now, Georgia is looking at the same thing. This is all part of the economic decline. The states are broke. Their pensions are consuming everything. It is no longer about […]

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Getting Old & Risking Unemployment Thanks to Socialism

By admin / February 7, 2019

The reality these days is that more than 50% of older workers are pushed out of their longtime jobs before they choose to retire. The major factor in this trend is their pension. Pensions are bankrupting both private and public sectors for the entire idea is showing impractical economic stress. Before FDR and the great New Deal, people […]

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Private v Public Pension Funds & Who MUST Own Govt Bonds

By admin / January 29, 2019

QUESTION:  Martin. Do you give credence to the work of … ? Can’t government pension funds be privatised or sent to open market? Thank you. NM ANSWER: No, I do not. The problem is far more complicated. First, you clearly have tremendous losses already. If you privatized the various government pension funds, you then have […]

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Forecasting & Political Correctness

By admin / January 25, 2019

COMMENT: Good day; The great public pension fraud here in Ontario, Canada allowed the public service unions to endorse Liberal candidates who would give them their 3% raises every contract. This gave them an 18% head start (the number of public sector employees) to win an election that only required 34% to gain power. The percentage […]

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Outlaw Government Pensions? The Hunt for Endless Taxes

By admin / December 23, 2018

The commentary that has appeared in Forbes calls for the only solution is to outlaw pensions. This is actually what will happen. Because there is no resolution, the government pensions will demand to raise taxes and then there is never any reform in government so the end game is one major economic confrontation – the […]

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Bundesbank warns of Coming Pension Crisis

By admin / November 8, 2018

The Bundesbank has come out warning that there is a German pension crisis. They have proposed that states raise the pension tax and that they should gradually increase the retirement age because the life expectancy in the future has risen. Central Bank President, Jens Weidmann, has stated that he is generally in favor of raising the statutory retirement […]

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Pension Crisis hits Russia

By admin / October 26, 2018

Vladimir Putin tried to reform Russia’s pensions system which is crumbling as is the case in the West. This giant Ponzi Scheme is collapsing and it has been the heart of Socialism. Putin’s approval rating plummeted this year in the aftermath dropping from 82% in April 2018, dropping to 66% here in October 2018. His decision to […]

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Beware of the Real Debt Crisis on the Horizon – not the BS on TV

By admin / October 2, 2018

We have to come to the reality that from 2019 onward, we are headed into a Pension Crisis that will be serious. Many are starting to yell about the debt crisis. They lump on private debt and yell its a bubble. What they miss entirely is the fact that we face more than a decade […]

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Trump Tries to Deal with the Pension Crisis

By admin / September 3, 2018

  Most small businesses do not offer retirement plans because the excessive regulation which drives the costs significantly higher. Trump’s new Executive Order is primarily designed to reduce those costs by streamlining the excessive regulation. The order further makes it clear: “Within 180 days of the date of this order, the Secretary of the Treasury […]

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The German Pension Crisis to Become a Political Issue as in Italy

By admin / August 28, 2018

The Pension Crisis is starting to be noticed in Europe. The German Finance Minister Olaf Scholz is arguing that the federal government has to guarantee the pension level until 2040. He is arguing that the government MUST come up with a plausible financing model which seems actually impossible. The increase in taxes to cover pension that […]

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