The  Pension Debt Bomb is Ticking Louder

18 Dec

“Underfunded government pensions to the tune of $1.3 trillion, with a gap that just can’t be filled, is the ticking time bomb facing the US economy which faces dramatic cuts in public services – and potentially riots reminiscent of Athens six years ago – according to former Federal Reserve advisor Danielle DiMartino Booth.”

Source: Former Fed Advisor: State Pensions Time Bomb Spells Disaster For The US

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