Blog/Pension Crisis

Lockdowns Have Pushed Government Pensions Over the Edge

COMMENT: Facing a vicious circle of conflicting demands and priorities, the California Public Employees Retirement System is turning to debt – a risky scheme to [...]

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What is Really the Game with the Bailouts?

  There is a major crisis economically unfolding and the markets are not yet taking into account the seriousness of the economic damage. I have explained that [...]

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The Pension Crisis Looking to Take Everybody’s Pensions

COMMENT: This government pension scheme has been shaky for a while. Originally it was for government employees only, then spouses were eligible to join, later they [...]

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Carney of Bank of England Claims Climate Change Will Make Pensions Worthless

QUESTION: Mr. Armstrong; Is the head of the Bank of England Mark Carney using climate change to claim that pension funds will be worthless? He is just insane or a [...]

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Pension Crisis – Congress is Unable to Act Because of Gridlock

Trump has called the Democrats the do-nothings. All they have been focused on is impeaching Trump for the polls they are looking at behind the curtain all show [...]

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GE Pension Crisis Escalates

General Electric Co announced it was freezing its pension fund for about 20,000 U.S. employees with salaried benefits as the Pension Crisis continues to build. Its [...]

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UK Strips 86-Year-Old of Pension because She Saved £50 a Month

An 86-year-old widow who contributed every week to her pension while working was stripped and left destitute after her local council took away her $50,000 life [...]

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The Black Hole of Debt

We are facing a serious collapse in government that appears to be shaping up on the horizon beginning 2021/2022. Take the city of Chicago for example. The city is [...]

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Swiss Occupational Pension Plan Turns Out to be a Ponzi Scheme?

  In Berne, Switzerland, there has been a redistribution in occupational pensions which has revealed that it too is not a funded pensions plan as people [...]

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Will Social Security Exist in 2021?

QUESTION: Hi Martin, You mentioned in a 2016 blog post that “We will probably see the end of this Social Security program by 2021.772 (October 9, [...]

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