You are here

Social Issues

Your Pension Will Be At The Center Of America's Next Financial Crisis

Your Pension Will Be At The Center Of America's Next Financial Crisis

Authored by Jeff Reeves via The Hill

I’m not a fan of the “greed is good” mentality of Wall Street investment firms. But the next financial crisis that rocks America won’t be driven by bankers behaving badly. It will in fact be driven by pension funds that cannot pay out what they promised to retirees. According to one pension advocacy organization, nearly 1 million working and retired Americans are covered by pension plans at the risk of collapse.

Doubt Rises As Market Liquidity Collapses

Doubt Rises As Market Liquidity Collapses

As the GOP's healthcare reform bill was pulled on Friday, the major stock indices rebounded in a fit of confusion, helped by the collapse in market liquidity to the lowest levels of 2017...

However, as NorthmanTrader's Sven Henrich writes, nothing has been solved (or even addressed). Our country, whether people are willing to admit it or not, has deep structural problems that require deep thinking and broad support to solve them.

"If They Want To Blow It Up, They Can" - How Republicans Can Hobble Healthcare Without Repeal

"If They Want To Blow It Up, They Can" - How Republicans Can Hobble Healthcare Without Repeal

Following President Trump's clarifying tweet yesterday that "Obamacare will explode" on its own...

It is becoming increasingly clear that, even without the 'repeal', the Trump administration has already begun using its regulatory authority to water down less prominent aspects of Obamacare.

Pages