– Pension Ponzi Bailout: Democrats Sponsor US Treasury Bailout Scheme – Mish Talk

Posted by on November 13, 2017 10:59 am
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Categories: BEARISH

Most defined benefit pension plans are nothing but Ponzi schemes. Plans are now unraveling because of demographics. An increasing number of retirees, needing untenable returns, are supported by fewer and fewer people putting money in the system. Democrats sponsored a bailout scheme. Will it pass?