Debt Rattle June 5 2016

[Raúl Ilargi Meijer]

Unknown General Patrick’s headquarters, City Point, Virginia 1865 • World Faces Pensions Crisis, Warns OECD (Tel.) • The Case For A Super Glass-Steaga
[See the full post at: Debt Rattle June 5 2016]

[Greenpa]

Wow, what is UP with the NYT?? Two articles from the “Editorial Board” – which give solid data, and point out connections – that are really not “Owner-Friendly”. Which the NYT usually is; particularly the Editorial Board. Worth a look:

Both of those should tick off a lot of “Big Money” – I might expect some changes in the Board fairly soon.

[Raleigh]

“World Faces Pension Crisis” – what do you think, is this by design?

[rapier]

First Greenpa those ‘investors’ are the little guys and the little guys don’t count, on any systematic basis. In fact it’s better to protect them a bit since this is shrinking solid upper middle class who should not be screwed, like the real little guys. They are a vital part of maintaining the apparance that the status quo has solid support.

As for pensions they can never be kept safe. Any giant pool of money is going to be raided one way or another. The design of pensions is usually and mostly done with good intention but will always end in tears. The greedy and the selfish are drawn to any giant pool of money like moths to the flame.

[Author]

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