All posts in " Pension Crisis "
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UK Pension Fund Insolvency Soars by 30% in a Single Year

By admin / September 26, 2017

The London Sunday Times business section headline demonstrates what is really facing us and governments implode. Public sector pensions liability surged 30% in a single year due to low bond yields. It is not possible for the UK to fund £1.8 trillion. The first course of action will be, as always, raise taxes. That is […]

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European Banks – The Next Crisis – The Unseen Cause in Plain View

By admin / August 22, 2017

The clouds have not lifted from the heart of the financial center within the European Union on the continent. The origin of the next crisis is unseen yet in plain view if you care to look. Ten years since the financial crisis of 2007-2009, the core fundamental problems in the banking sector have not yet […]

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Britain to Raise Retirement Age to 68 to Try to Save Pensions

By admin / July 27, 2017

  The Work and pensions secretary David Gauke have revealed that parliament proposes to raise the pension age to 68. The pension crisis that is brewing throughout Western culture reflects the insanity of lowering interest rates to try to “stimulate” the economy. This policy has set the stage for the next great crisis brewing, which […]

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Nature – Taking Care of the Elderly

By admin / July 22, 2017

A wolf pack: the first 3 are the old or sick, they give the pace to the entire pack.  If it were the other way round, they would be left behind, losing contact with the pack.  In case of an ambush they would be sacrificed. Then come 5 strong ones, the front line. In the […]

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Navigating the Business Cycle = Prosperity

By admin / July 18, 2017

The key to the future is understanding (1) the past and (2) how everything functions. Sure there is a risk of a Dark Age after 2032. Hopefully, we can learn from the past to push things in the right direction at least for once. For whatever reason, the people who like to run government are […]

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The Pension Crisis – & – The Crash & Burn

By admin / July 11, 2017

QUESTION:  Hi Marty – Question: You have blogged about the pension crisis and how Illinois and California on the brink of bankruptcy. Does this mean that other states which you don’t mention, like Florida, Texas, and New York, are financially sound and are going to be able to pay out pensions to their retirees for […]

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Germany Pensions System Crisis

By admin / July 10, 2017

The German publication DWN has come out and warned that the German Pensions system is collapsing. They wrote: The core problem of the German economy and society is miserable demography. A positive development, namely the increasing longevity of the population, is an extremely negative groundbreaking, namely a small number of children. This is reflected in […]

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Illinois on Brink of Default

By admin / July 1, 2017

While politicians always talk about the poor and the needy, they never talk about how their own pensions are breaking the bank and come before everything else. It’s always the poor, which is the lead to raising taxes. So here you have a politician pleading with the people to tell their representative end the impasse […]

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Chicago Police Pension Goes Bust

By admin / June 24, 2017

Chicago’s police pension fund won’t have enough money to pay benefits to retirees in 2021, according to a projection by Local Government Information Services (LGIS). At the end of 2020, LGIS estimates that the Policemen’s Annuity and Benefit Fund of Chicago will have less than $150 million in assets to pay $928 million promised to 14,133 […]

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