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How to Protect Yourself from the Looming Pension Crisis

Having jumped from one job to another early in life… and with those jobs being across many continents, I haven’t really given much thought to my pension. Looking at the numbers, it seems I’m no.....»»

Category: blogSource: valuewalkMar 20th, 2017

A Cautionary Tale on Municipal Pensions

f you want a full view of what I am writing about today, look at this article from The Post and Courier, “South Carolina’s looming pension crisis.”  I want to give you some perspective on this, so that you can […] The post A Cautionary Tale o.....»»

Category: blogSource: valuewalkDec 10th, 2016

China Slowdown Hastens Looming Pension Crisis

Potential shortfalls for retirees, a plight stemming in part from China’s low retirement age and its former one-child policy, especially threaten struggling industrial areas......»»

Category: topSource: wsjNov 4th, 2016

China Slowdown Deepens Looming Pension Crisis

Shortfall for retirees, a plight stemming in part from China’s low retirement age and its former one-child policy, especially threatens struggling industrial areas......»»

Category: topSource: wsjNov 3rd, 2016

Kentucky Pension Crisis Goes Nuclear As Teacher Retirements Surge 64% Over Last Year

As Kentucky's Governor Matt Bevin and legislators attempt to design a pension reform bill that will save the state's various public pension plans from literally running of cash.....»»

Category: blogSource: zerohedgeOct 11th, 2017

Europe Markets: Spain’s IBEX slides almost 1% on looming risk of Catalan independence

Lingering worries over the Catalan crisis drags Spanish stocks down again Tuesday, dampening momentum for European stocks ahead of a closely watched address by the Catalan separatist leader......»»

Category: topSource: marketwatchOct 10th, 2017

Europe Markets: Spain’s IBEX slides more than 1% on looming risk of Catalan independence

Lingering worries over the Catalan crisis dragged Spanish stocks down Tuesday, dampening momentum for European stocks even as LVMH SE shares led the way higher for the luxury-goods sector......»»

Category: topSource: marketwatchOct 10th, 2017

Rohingya crisis must not destabilise Bangladesh

The silence from the international community, especially proponents of the principle of Responsibility to Protect, is deafening.....»»

Category: topSource: business-standardOct 5th, 2017

Puerto Rico"s pension system was in crisis. Hurricane Maria made it into a catastrophe.

Before Hurricane Maria crashed into Puerto Rico, the island faced an ugly battle over the almost $50 billion it owes in pension benefits for public employees. The devastation has made that dire situation even worse......»»

Category: topSource: moneyOct 5th, 2017

Who owns Puerto Rico"s mountain of debt? You do

Looming in the background of Puerto Rico's humanitarian crisis is a mountain of debt......»»

Category: topSource: moneySep 27th, 2017

Pensions and Debt Time Bomb In UK: £1 Trillion Crisis Looms

Pension.....»»

Category: blogSource: zerohedgeSep 22nd, 2017

1 Million Ohio Public Employees Face Pension Cuts As Another Ponzi Teeters On The Brink

We've written frequently of late about the pension crisis in .....»»

Category: blogSource: zerohedgeSep 21st, 2017

Mauldin: Americans Don"t Grasp The Magnitude Of The Looming Pension Tsunami

Authored by John Mauldin via MauldinEconomics.com, Total unfunded liabilities in state and local pensi.....»»

Category: blogSource: zerohedgeSep 20th, 2017

How to protect yourself from Equifax scams

Reuters / Brendan McDermidOK, this had to happen. It’s not a surprise. It’s just a fact of life. We live in a world of scammers, and when there is a crisis, for them, there’s opportunity. There are scams and frauds to tak.....»»

Category: topSource: businessinsiderSep 20th, 2017

Americans don’t grasp the magnitude of the looming pension tsunami that may hit us within 10 years

Total unfunded liabilities in state and local pensions have roughly quintupled in the last decade. Mauldin Economics via Federal Reserve and Bloomberg You read that right—not doubled, tripled, or quadrupled—quintupled. That&rs.....»»

Category: topSource: businessinsiderSep 20th, 2017

Americans Don’t Grasp The Magnitude Of The Looming Pension Tsunami

Total unfunded liabilities in state and local pensions have roughly quintup.....»»

Category: blogSource: valuewalkSep 20th, 2017

Missouri’s State Pension In Crisis

Missouri State Treasurer, Eric Schmitt, told a panel of lawmakers on Wednesday that  Missouri’s State pension defi.....»»

Category: blogSource: valuewalkSep 18th, 2017

The Fiscal Crisis Looming Beyond the Debt Ceiling

Maybe the recurring debt-ceiling trauma helps raise awareness of the real trauma from delaying the steps required to curb our soaring debt.....»»

Category: topSource: barronsSep 16th, 2017

Fleecing Taxpayers Won"t Fix The Pension Crisis

Authored by Nick Giambruno via InternationalMan.com, Public pensions are a financial time bom.....»»

Category: blogSource: zerohedgeSep 12th, 2017

The State Pension Funding Crisis Will Likely Result In Pension Benefit Cuts (Article 5 Of 10)

The State Pension Funding Crisis Will Likely Result In Pension Benefit Cuts (Article 5 Of 10).....»»

Category: topSource: seekingalphaSep 11th, 2017

After facing criticism, Suu Kyi says Myanmar working to protect Rohingyas

Suu Kyi has been widely criticised for not acting on the ongoing humanitarian crisis.....»»

Category: topSource: business-standardSep 6th, 2017