This should be very interesting regarding pensions in this country. I don't think it's going to be a gradual decline, it's going to be like a light switch. One day we will wake up and their will be no more pension for millions of people...
To: Beave Meister
The politicians and government will get theirs.
2 posted on
10/12/2022 6:41:38 PM PDT by
apoliticalone
(We need real justice not fictitious SOCIAL JUSTICE & DEI that is politics & propaganda, not justice.)
To: Beave Meister
I’m not worried. My Sears (S) stock will never lose value!
3 posted on
10/12/2022 6:42:29 PM PDT by
glorgau
To: Beave Meister
To: Beave Meister
I don't think it's going to be a gradual decline, it's going to be like a light switch. It has already begun as gradual.
The government will just print more money. Inflation will reduce the value. Very simple, but effective.
5 posted on
10/12/2022 6:43:59 PM PDT by
marktwain
To: Beave Meister
Are you specifically talking pensions, or are yku using that as a general umbrella term for all of the various retirement types of plans?
Because not that many people actually have true pension plans anymore. Way, way less than the percentages of people that used to have them.
8 posted on
10/12/2022 6:49:04 PM PDT by
Secret Agent Man
(Gone Galt; not averse to Going Bronson.)
To: Beave Meister
To paraphrase a line from an Hemingway novel, this collapse will happen slowly, then all at once.
I would be calm about this if if Trump were in charge. But he is not. The United States is now being led by a potato. And the rest of the West is being led by irrational children.
Look out below!
10 posted on
10/12/2022 6:51:23 PM PDT by
Leaning Right
(The steal is real.)
To: Beave Meister
‘“My message to the funds involved and all the firms is you’ve got three days left now,” Bailey just said on Tuesday.’
that’s signal.
19 posted on
10/12/2022 7:28:54 PM PDT by
dadfly
To: Beave Meister
The good news is soon we’ll be able to buy AAA bonds that pay 8% and CDs that pay 10%.
Buy if you are holding assets that in any way depend upon the value of bonds already issued, you’re screwed and without recourse.
20 posted on
10/12/2022 7:29:07 PM PDT by
Mariner
(War Criminal #18)
To: Beave Meister
Very slowly at first, then quickly.
22 posted on
10/12/2022 7:42:54 PM PDT by
E. Pluribus Unum
( We need to “build back better” on the bones and ashes of those forcing us to “Build Back Better.")
To: Beave Meister
Vaccines are the cure to underfunded liabilities
25 posted on
10/12/2022 8:11:07 PM PDT by
Jan_Sobieski
(Sanctification)
To: Beave Meister
One day we are going to wake up and there will be no more money in your bank.
Everything is going to freeze up.
Have some cash on-hand! And pay down as much debt as possible right now.
33 posted on
10/13/2022 1:42:58 AM PDT by
EBH
( 1776-2021 May God Save Us.)
To: Beave Meister
43 posted on
10/13/2022 2:57:17 AM PDT by
ClearCase_guy
(We are already in a revolutionary period, and the Rule of Law means nothing. )
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