Memo - Post by iru 🐸

iru 🐸

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Bitcoin City

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Talk about a massive problem. This could be the trigger for the next financial crisis #economy #news #pensions #bitcoincash #bitcoin #crypto #cryptocurrency

can you elaborate?

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Sk8eM dUb

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As the weight of liabilities for all the pensions increases so does the necessity for bailouts. They'll print the money to fund the pensions and then the dollar bubble will pop 📉

777

Bitcoin City

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Makes the plans underfunded by $8.4 Trillion. Many ways to fix the problem but none of them are too good or fair.

777

Bitcoin City

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Bill Gross makes an assumption the plans can return 4% annually which makes them $5.5 Trillion underfunded, other analysts say a return of closer to risk free which (1 of 2)