ON AIR NOW
Click to Play
Bitcoin Cash: $ USD
News Link •
Global
A couple of weeks ago, I discussed the coming "Pension Crisis." The important point made was the unrealistic return assumptions used by pension managers in order to reduce the contribution (savings) requirement by their members.
News Link •
Global
In 1923, a young Jewish immigrant from a small town in modern-day Ukraine founded a candy company in Brooklyn, New York that he called "Just Born".
News Link •
Global
The global pension gap of 8 nations is $70 trillion. The US alone is $38 trillion. By 2050 the total gap will hit $400T.
The next crisis won't be secluded to just sub-prime auto loans, student loans, and commercial real estate. It will be fueled by the "run on pensions" when "fear" prevails benefits will be lost entirely.
News Link •
Global
Are governments making promises about pensions that they might not be able to keep?
News Link •
Global
Last year, the World Economic Forum referred to the growing pensions crisis as "the financial equivalent of climate change."
News Link •
Global
The US pension system has gotten so bad, Congress is actually planning for its failure.
News Link •
Global
"CalPERS Is Near Insolvency; It Needs A Bailout Soon" - Former Board Member Makes Stunning Admission
News Link •
Global
MetLife Inc. provided new details this week about how it lost track of thousands of pension clients. But state and federal inquiries promise to drag on for months and will make it hard to put the scandal behind it any time soon.
News Link •
Global
What better time than now to borrow $107 billion to invest in stocks? That's what Illinois is actually considering.
News Link •
Global
Sell A Record $107 Billion In Debt To Fund Insolvent Pensions
News Link •
Global
Wilshire Consulting's time horizon is 10 years, GMO's is 7 years, and Hussman's is 12 years.
News Link •
Global
For decades now public pensions have been guided by one universal rule which stipulates that current public employees can not be 'financially injured' by having their future benefits reduced.
News Link •
Global
For decades now public pensions have been guided by one universal rule which stipulates that current public employees can not be 'financially injured' by having their future benefits reduced.
News Link •
Global
Starting July 1, 2018 stock markets around the world are going to get yet another artificial boost courtesy of a decision by the $350 billion California Public Employees' Retirement System (CalPERS) to allocate another $15 billion in capital to alrea
News Link •
Global
Is the largest public pension fund in the United States getting ready to dump about $50 billion worth of stocks?
News Link •
Global
Over the past year we have provided extensive coverage of what will likely be the biggest, most politically charged, and most significant financial crisis facing the aging U.S. population:
News Link •
Global
"Pension fund problems worsen in 43 states" says the Bloomberg headline.
News Link •
Global
I've written a lot about US public pension funds lately. Many of them are underfunded and will never be able to pay workers the promised benefits - at least without dumping a huge and unwelcome bill on taxpayers.
News Link •
Global
Here's a loaded question for you: "What could go wrong?"
News Link •
Global
"This Will Become One Of The Most Heated Battles Of My Lifetime"
News Link •
Global
This time is different are the four most dangerous words any economist or money manager can utter. We learn new things and invent new technologies. Players come and go. But in the big picture, this time is usually not fundamentally different, because
News Link •
Global
CalPERS Slashes Pension Payments To Retirees In Two More California Towns By Up To 90%
News Link •
Global
(Hint: Yes)
News Link •
Global
Many employees across the country are taking their pensions out. Why? Because they are in danger of losing their retirements. What is a poor man to do? Is civil disobedience in our future?
News Link •
Global
"There are folks that are saying you know what, I don't care, I'm going to lock in my retirement now and get out while I can and fight it as a retiree if they go and change the retiree benefits," he said.
News Link •
Global
Slowly but surely it is becoming increasingly clear to public workers in states with massively underfunded pensions that they've been lied to for the past several decades as their states can't possibly afford to pay for the retirement they've all bee
News Link •
Global
We've written quite a bit over the past couple of months about the pending financial crisis in Illinois which will inevitability result in the state's debt being downgraded to "junk" at some point in the near future (here is our latest from just this
News Link •
Global
GE has the largest pension shortfall in the S&P 500. It's a $31 Billion Balance Sheet Hole That Keeps Growing.
News Link •
Global
Harry Markopolos, the investigator who exposed the Bernie Madoff Ponzi scheme, has uncovered a new fraud.
