All posts in " Pensions "

French Protestors Target BlackRock

April 11, 2023

  @c4news Protesters in Paris invade the offices of the US-based investment firm BlackRock, as unrest continues over the retirement age rising from 62 to 64. #France #Paris #Protests #franceprotests ♬ original sound – Channel 4 News The pension reform protests in France grew to new proportions. Protesters have not allowed the government to silence […]

IMF Recommends “DEEP” Negative Interest Rates as the Next Tool

August 12, 2019

The IMF has continued to assume that the zero-bound on interest rates can be a serious obstacle for fighting recessions on the part of the central banks. The IMF maintains that the zero-bound is not a law of nature; it is a policy choice. The latest in the IMF papers argue that tools are available […]

Private v Public Pension Funds & Who MUST Own Govt Bonds

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 […]

ECB Negative Rate Experiment May Lead to the Worst Financial Crisis in Modern History

September 27, 2017

QUESTION: Mr. Armstrong; Your proposition that the quantity of money theory is dead seems to be a true earth shattering perspective. It certainly disproves the Austrian School and the events post 2008 support your statement. The European Central Bank is supposed to traditionally pursue the goal of monetary stability. The Germans have followed the Austrian […]

UK Pension Fund Insolvency Soars by 30% in a Single Year

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 […]

Freedom Caucus & Big Bang

April 4, 2017

I have been warning that we are headed directly into the collapse of socialism; not capitalism, simply because politicians have been bribing people’s votes with all sorts of promises they never planned on providing. Social Security may have began as a good idea, but then the money was really just a tax and the fund […]

German Private Health Insurance up 11% Thanks to Pension Crisis

September 30, 2016

Private health insurance in Germany now faces a massive contribution increase in 2017 of more than 11%. Add to this the banking crisis and we will start to see the core economy in Europe turn down really hard. This will impact about 9 million people who are privately insured. The industry needs the money, which they could […]

EU Govt. Pensions Explode to €63.8 billion

August 31, 2016

I have said that the European crisis is all about keeping jobs in Brussels, and now the truth is beginning to surface. The long-term cost of pensions for EU officials has increased very sharply according to one new report. These people are lining their pockets like never before. From late 2014 to the end of 2015, […]

British Royal Mint Selling & Sorting Gold for Pensions

June 12, 2016

The British Royal Mint is looking to sell more of its gold reserves in the form of gold bars for pension funds for the first time. They are charging 1% to store it and then they want VAT tax on top of it all. They are selling 100 g or 1 kg bars. The problem, of […]

New Jersey to Follow Illinois Down the Drain

May 12, 2016

The New Jersey State Assembly has begun the pursuit of a constitutional amendment to guarantee pension payments for government workers over all other types of state spending. This would naturally include all politicians, which is why they are introducing it. Because spending on education, health, crime, environment, welfare etc. is not guaranteed by the Constitution […]

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