Article

2017-10-08 Economy

The Pension Storm Is Coming To Europe‐It May Be The End Of Europe As We Know It

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Posted by Besoeker 2017-10-08 01:36|| || Front Page|| [3 views ] Top

#1 Russia, of all places, has a pension problem as well.

Posted by badanov 2017-10-08 11:03|| http://www.chriscovert.net 2017-10-08 11:03|| Front Page Top

#2 Every industrialized country has problem with pensions - when Bismark invented witholding for pension very few people lived past 65.

Posted by g(r)omgoru 2017-10-08 11:31|| 2017-10-08 11:31|| Front Page Top

#3 The underlying 'problem' with pensions is that the ruling class is afraid that they might be forced to do something tangible and productive, so we need to import some serfs.

Posted by ed in texas 2017-10-08 11:42|| 2017-10-08 11:42|| Front Page Top

#4 "I'll hold this money for you. It will be safe and sound and will definitely be there when you need it in your old age..."

Posted by M. Murcek 2017-10-08 12:19|| 2017-10-08 12:19|| Front Page Top

#5 Wait til they offer an IOU for your 401K money

Posted by Frank G 2017-10-08 13:28|| 2017-10-08 13:28|| Front Page Top

#6 The End-of-Europe-as-I-know-it has already come.

Posted by Skidmark 2017-10-08 14:17|| 2017-10-08 14:17|| Front Page Top

#7 Knew it, you meant.?

Posted by Thomose Spawn of the Antelope4762 2017-10-08 19:33|| 2017-10-08 19:33|| Front Page Top

#8 There isn't a pension problem. The problem is governments spending money they don't have, and leaving the problem for someone else to clean up.

Which is why I am hoping for a massive wave of government bond defaults that will force lenders to properly price risk and make borrowing much less attractive.

Although that won't work with central governments that print their own currency.

Posted by phil_b 2017-10-08 20:16|| 2017-10-08 20:16|| Front Page Top

23:58 Seeking cure for ignorance
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19:36 Thomose Spawn of the Antelope4762
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