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n4807g

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n4807g

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Tuesday, 06/20/2017 2:49:41 PM

Tuesday, June 20, 2017 2:49:41 PM

Post# of 110151
Under the heading..."On a Wing and a Prayer"

Pension Crisis Won't Be Reversed by High Returns, Moody's Says
By Kristy Westgard

https://www.bloomberg.com/news/articles/2017-06-20/pension-crisis-won-t-be-reversed-by-high-returns-says-moody-s

No matter how fast you run....still falling behind, pure folly. 1999-2000 saw the tech wreck, 2008 the real estate debacle, when the stock market craters (at some point in the future) many pension systems will fail....as ponzi schemes always do.

Really pathetic.

“A bank would never get away with what the Department of Education is doing.”

Sheila Bair

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