What Could Go Wrong? For Public Pensions, More Than You Know

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…and go wrong it will.

– What Could Go Wrong? For Public Pensions, More Than You Know:

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And if you’re a public worker or retiree, you better think about how you will make ends meet if your benefits get slashed.

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1 thought on “What Could Go Wrong? For Public Pensions, More Than You Know”

  1. Being from the private sector, and possessing a modest and inadequate pension, I have always had difficulty understanding the justification for overpriced, inflation proof, index linked taxpayer funded pensions for civil and public servants who never experienced risk.

    They certainly never earned this privilege and it will be interesting to see how the collapse will be distributed. One thing is certain, whilst they think they’re safe, they will squeal like stuck pigs when they learn otherwise.

    All men are equal…it’s just that some are more equal than others. – George Orwell…Animal Farm

    https://srsroccoreport.com/u-s-retirement-market-ponzi-fueled-by-record-concentration-in-stocks-by-young-americans/

    Reply

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