Pension funds and other retirement accounts are a simple concept. Invest the money now and we’ll pay you out at a later date. It’s a simple Ponzi scheme that works well under most conditions. Just keep money pouring in and you will always have money to give out. But what about if you don’t have enough money coming in? What happens then? Also, this money you put in has been gambled with. Tampered with.
In the end, there will be nothing left for you and I.
LOOK THROUGH MY BOOKS!: http://books.themoneygps.com
SUPPORT MY WORK: https://www.patreon.com/themoneygps
PAYPAL: https://goo.gl/L6VQg9
BITCOIN: 1MbAUXsHa8XRFMHjGurd7L5nRDYJYMQQmq
STEEMIT: https://steemit.com/@themoneygps
T-SHIRTS: http://themoneygps.com/store
MY FREE eCOURSE - Financial Education Taught in Simple Illustrative Videos:
http://themoneygps.com/freeecourse
Sources:
https://goo.gl/UpprQe
In This Episode:
Pension funds and other retirement accounts are a simple concept. Invest the money now and we’ll pay you out at a later date. It’s a simple Ponzi scheme that works well under most conditions. Just keep money pouring in and you will always have money to give out. But what about if you don’t have enough money coming in? What happens then? Also, this money you put in has been gambled with. Tampered with.
In the end, there will be nothing left for you and I.
pension fund pensions bond fed federal reserve central bank debt deficit money cash savings
Moody's: Public pension liabilities unlikely to get reprieve over next 3 years - Pensions & Investments
http://www.pionline.com/article/20170620/ONLINE/170629984/moodys-public-pension-liabilities-unlikely-to-get-reprieve-over-next-3-years
Public pension liabilities vastly outpacing contributions despite higher payments — report - Pensions & Investments
http://www.pionline.com/article/20170621/ONLINE/170629952/public-pension-liabilities-vastly-outpacing-contributions-despite-higher-payments-8212-report
Asset Publisher
http://www.investmentexecutive.com/article-details/-/asset_publisher/uOfAVucMj8hF/content/iiac-calls-on-feds-to-bolster-private-retirement-savings-system/pop_up;jsessionid=siiB6ySoocqJ+pJI5q7UjpmJ?_101_INSTANCE_uOfAVucMj8hF_viewMode=print
U.S. Public Pension Plan Contribution Indices, 2006–2014 | SOA
https://www.soa.org/research-reports/2017/public-pension-indices/
2017.03.31 - Pension 3.jpg (1430×919)
2017.03.31 - Pension 8.jpg (1430×938)
average debt.jpg (1200×668)
debt balance at death.jpg (573×343)
