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2072d
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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
replied 2072d
can you elaborate?
Sk8eM dUb
replied 2072d
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 📉
replied 2072d
Makes the plans underfunded by $8.4 Trillion. Many ways to fix the problem but none of them are too good or fair.
replied 2072d
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)