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OpenCalais Metadata: Latitude: 
40.4298247444
OpenCalais Metadata: Longitude: 
-88.9244490556

Cook County Illinois Suffers Largest Population Drop In Entire US

Cook County Illinois Suffers Largest Population Drop In Entire US

Authored by Mike Shedlock via MishTalk.com,

Illinois voters are voting with their feet. Not only are people scrambling to get out of Cook County, but the entire state is suffering.

Illinois Policy Institute writer Michael Lucci explains in this guest post on Cook County Migration.

Cook County has Largest Population Loss of Any County in U.S.

Illinois General Assembly Retirement System Only 13.52% Funded

Illinois General Assembly Retirement System Only 13.52% Funded

Authored by Michael Shedlock via MishTalk.com,

Despite a massive rally in the stock market, Illinois public pension liabilities continue to grow.

GARS, the Illinois General Assembly Retirement System, is only 13.52% funded, down from 17% funded in 2013. How long can GARS last?

Meanwhile, Illinois has accrued a combined net pension liability of roughly $130 billion on which it assumes a 7% return.

Wal-Mart Is Quietly Cutting Prices, Squeezing Vendors In Deflationary Supply-Chain Shock

Wal-Mart Is Quietly Cutting Prices, Squeezing Vendors In Deflationary Supply-Chain Shock

The scramble for America's bottom dollar is on, and according to a troubling report by Reuters it has prompted America's largest low-cost retailer Wal-Mart to not only cut prices, but to squeeze suppliers in a stealthy war for market share and maximizing profits, a scramble for market share which is oddly reminiscent of the OPEC 2014 price fiasco and is certain to unleash a deflationary shock across wide portions of the US economy.

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