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Tag: Pension Crisis

Norway – The Largest Sovereign Wealth Fund in the World

QUESTION: Martin, There are several news stories this past week reporting that Norway’s pension fund has reached $1 trillion dollars, or $190,000 per citizen....

Navigating the Business Cycle = Prosperity

The key to the future is understanding (1) the past and (2) how everything functions. Sure there is a risk of a Dark Age after 2032. Hopefully, we can learn from...

The Pension Crisis – & – The Crash & Burn

QUESTION:  Hi Marty – Question: You have blogged about the pension crisis and how Illinois and California on the brink of bankruptcy. Does this mean that...

Illinois on Brink of Default

While politicians always talk about the poor and the needy, they never talk about how their own pensions are breaking the bank and come before everything else....

Chicago Police Pension Goes Bust

Chicago’s police pension fund won’t have enough money to pay benefits to retirees in 2021, according to a projection by Local Government Information Services...

The 401K – The Pension Crisis Coming Your Way 2017

COMMENT: Martin, A few weeks ago (12/13/2016) my wife received a notice from her company about changes to her 401K and I thought I was in a Kafka film. The notice...

Dallas Suspends Pension Withdrawals

The Dallas Police and Fire Pension System’s Board of Trustees officially suspended all withdraws last week. The move stopped $154 million of withdraws...

German Private Health Insurance up 11% Thanks to Pension Crisis

Private health insurance in Germany now faces a massive contribution increase in 2017 of more than 11%. Add to this the banking crisis and we will start to see the...

Anti-Immigration Movement Turning Violent in Germany

In Dresden, Germany, right-wing activists are retaliating against the Muslim refugees. They are said to be behind two huge terror bombs at a mosque. This is the...

The Pension Crisis is Global

The worldwide pension crisis is the next great notch in the belt of the collapse of socialism. If anyone in the private sector promised workers pensions and did not...