I warned you this was coming and now we are standing at the precipice. We are at the edge, looking down, with no possibility of turning back. Those who are relying on a fixed income are going to be destroyed in the coming years.
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Sources Used in This Video:
https://goo.gl/UpprQe
California's Brown Raises Prospect of Pension Cuts in Downturn - Bloomberg
https://www.bloomberg.com/news/articles/2018-01-10/california-s-brown-raises-prospect-of-pension-cuts-in-downturn
So much for 'happily ever after': Sears pensioners stagger under stress of cuts - Newfoundland & Labrador - CBC News
http://www.cbc.ca/news/canada/newfoundland-labrador/sears-pensioners-stagger-under-stress-cuts-1.4476794
