Pension funds around the world have been cut. There are different reasons why this could happen but most often it’s an intentional mismanagement of the finances. This purposely creates a need for more money. Then more money. Then more. It’s a black hole but with the added bonus of reduced benefits along the way.
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ℹ️Sources Used in This Video ℹ️
https://goo.gl/UpprQe
Study: Some public pensions funds could run dry in downturn - CBS News
https://www.cbsnews.com/news/study-some-public-pensions-funds-could-run-dry-in-downturn/
A.G. Beshear Gets Witness Thrown Out in Kentucky Pension Case | Chief Investment Officer
https://www.ai-cio.com/news/g-beshear-gets-witness-thrown-kentucky-pension-case/
AWP_92_final.pdf
https://www.hks.harvard.edu/sites/default/files/centers/mrcbg/files/AWP_92_final.pdf
Kentucky governor signs pension reform bill - CNN
https://www.cnn.com/2018/04/11/us/kentucky-teachers-pension-governor/index.html
The World Isn’t Prepared for Retirement - Bloomberg Quint
https://www.bloombergquint.com/onweb/2018/05/29/the-world-isn-t-prepared-for-retirement
GDPNow - Federal Reserve Bank of Atlanta
https://www.frbatlanta.org/cqer/research/gdpnow.aspx
U.S. GDP Growth Revised Down to 2.2% Rate in First Quarter - WSJ
https://www.wsj.com/articles/u-s-gdp-growth-revised-down-to-2-2-rate-in-first-quarter-1527683513
Zurich too pricey? Then try LA for affordability | Reuters
https://www.reuters.com/article/us-ubs-prices/zurich-too-pricey-then-try-la-for-affordability-idUSKCN1IU0SN
Crude Oil Price - Live Oil Prices Chart, Forecast & Latest News
https://www.dailyfx.com/crude-oil
2018-05-28_6-36-03.jpg (890×472)
Soros Sees New Global Financial Crisis Brewing, EU Under Threat - Article - BNN
https://www.bnnbloomberg.ca/soros-sees-new-global-financial-crisis-brewing-eu-under-threat-1.1084052
‘Diamonds Are Forever,’ and Made by Machine - The New York Times
https://www.nytimes.com/2018/05/29/business/de-beers-synthetic-diamonds.html
Child’s Lemonade Stand Shut Down For Lack Of Permit « CBS Denver
http://denver.cbslocal.com/2018/05/29/lemonade-stand-shut-down/
