"This Is A Crisis Greater Than Any Government Can Handle": The $400 Trillion Global Retirement Gap
“This Is A Crisis Greater Than Any Government Can Handle”: The $400 Trillion Global Retirement Gap
Submitted by John Mauldin of Mauldin Economics Today we’ll continue to size up the bull market in governmental promises. As we do so, keep an old trader’s slogan in mind: “That which cannot go on forever, won’t.” Or we could say it differently: An unsustainable trend must eventually stop. Lately I have focused on the trend in US public pension funds, many of which are woefully underfunded and…
Posted from my blog with SteemPress : https://nopoliticalcorrectnesshere.com/wp/2017/10/01/this-is-a-crisis-greater-than-any-government-can-4/
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