Former Fed Advisor: State Pensions Time Bomb Spells Disaster For The US
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, and President of Money Strong, Danielle DiMartino Booth.