California’s pension crisis continues to worsen. We knew they were underfunded. We knew the situation was bad. But now we’re facing talks of cuts. This is what everyone feared but didn’t want to talk about. The time is now.
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Sources Used in This Video:
https://goo.gl/UpprQe
Bill Gross’s Admonishment Supported By Illinois Pension Fund - Bloomberg
https://www.bloomberg.com/news/articles/2016-08-08/illinois-pension-may-heed-gross-advise-to-assume-lower-returns?utm_content=business&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&cmpid%253D=socialflow-twitter-business
Commentary: California's public pension crisis in a nutshell | CALmatters
https://calmatters.org/articles/commentary/commentary-californias-public-pension-crisis-nutshell/?platform=hootsuite
Commentary: California's public pension crisis in a nutshell | CALmatters
https://calmatters.org/articles/commentary/commentary-californias-public-pension-crisis-nutshell/?platform=hootsuite
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printmgr file
http://www.berkshirehathaway.com/letters/2017ltr.pdf
