Blog/Pension Crisis

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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Finland Government Collapses & Why the Media is Silent

QUESTION: Mr. Armstrong; Your movie the Forecaster was on TV here in Scandinavia. That introduced me to your research. When I discovered your film was on TV in [...]

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The Public Pension Crisis is Our Undoing

QUESTION: Mr. Armstrong; Thank you for explaining the difference between a public employee pension and those we have in the real world. The fact that the bulk of [...]

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The Illinois Pension Crisis – Giving The Pensioners All State Assets

The new proposal in Illinois is for the state to transfer its assets so that they are owned, not by the people, but by the state employees. These proposals will [...]

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Chicago – Where More People are Retired than Paying into Government Pensions

Over 80% of government pension funds are completely funded by the government with no employees paying into the funds. This reflects why governments are coming after [...]

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The Pension Crisis is Starting to Explode

At the current federal minimum wage of $7.25 per hour, working 40 hours per week, 52 weeks per year, yields an annual income of only $15,080. This is below the [...]

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