Why Pensions are Screwed
The Heresy Financial Podcast - A podcast by Joseph Brown
Pensions are invested according to old portfolio models built on flawed assumptions. Further, they aren't getting the inflows necessary to fund outflows. This is causing fund managers to shift pensions into riskier and riskier assets. This will end with congress bailing out pensions by printing money, causing even more inflation. Join Me in Dallas March 5th! https://bit.ly/dlshrsy