The Ponzi scheme continues...
Central Banks Bailed Out Markets To Avoid Trillions In Pension Losses
| Source: | https://www.zerohedge.com/personal-finance/pension-fund-chaos-25-trillion-lost-corona-market-crash-q1 |
| Published: | Jun 13, 2020 |
| Author: | Tyler Durden |
| Post Date: | 2020-06-13 18:51:33 by Horse |
| Views: | 432 |
#1: BTP Holdings To: Horse (#0)
They have got all these Trillions in pensions and refuse to see how the house of cards could tumble.
I know of several people who never got to pay into a pension fund. If they rely on public pensions like Social Security they will be in for a tough ride since the cost of living increases are not keeping up with the real rise in prices.
One trucking outfit I worked for was likely paying both ends of Social Security taxes since he was making so much on those loads. ;)
BTP Holdings posted on 2020-06-14 13:09:44 Reply Private Reply