Part of the collapse in confidence we are experiencing with government stems directly from the fact that politicians engage in far more criminal behavior than anyone in the corporate world. While bankers may manipulate markets to trade against clients, politicians just lie to keep their jobs. The fact that they are incapable of managing the […]

Illinois is now regarded as the worst state in the nation, with respect to the prospect of a collapse in state pension. On May 8, 2015, the Illinois state Supreme Court handed down a decision that severely restricts the ability to revise pensions. The court ruled that the Illinois constitution prohibits a 2013 bill that intended to address […]

  After 2015.75, we will begin to observe the Pension Crisis manifest before our eyes. There are few governmental exceptions within Western Society without this serious trouble. While they keep everyone occupied between soccer and football, governments have done an incredible job of committing massive fraud upon the public. Public unions are simply demanding that […]

This whole idea of socialism has created a system that is way beyond what anyone in their right mind would have created. The Swiss pension system is at risk no different from anyone else. Swiss life insurance companies guarantee one part of the pensions of Swiss workers. Now the Swiss unions have figured this mess out and […]

Moody’s has reported that the top 25 largest U.S. public pension funds face about $2 trillion in unfunded liabilities. This is what we see as the next great crisis post 2015.75. We are in a very serious economic crisis within the years ahead and we are preparing a very important report on this crisis. We will […]

We have a major reform coming for the Pension field besides Obama trying to divert that money for infrastructure expenditure. The GASB Statement No. 68, Accounting and Financial Reporting for Pensions, was issued in June, 2012 and is effective for fiscal years beginning after June 15, 2014. This statement is an amendment to GASB Statement […]

QUESTION: How eminent is this? Should I exit my IRAs now? ANSWER: This is still in the planning stages. It will most likely become critical in the USA after 2015.75. Pay attention to our forecasts on the US share market, for there we still have the potential for a Phase Transition starting next year.

I cannot emphasize how serious a situation we are in on two fronts (1) Sovereign Debt Crisis and (2) Pension Crisis. These are really global problems that are going to explode in our faces. In Europe we have the Sovereign Debt Crisis has spilled over into the banking system since banks were required to have […]

The pension crisis is beginning to emerge as a real growing problem. The central banks have been keeping interest rates low for the primary reason of reducing the national debts. In Germany, they are beginning to notice that not merely are government pensions growing faster than private as public servants help themselves to our income […]

We are preparing a very important report on the Global Pension Crisis and the Interest Rate Nightmare that we face. Government will not reform. There will be no HYPERINFLATION because they have no intent upon just printing to meet obligations. That historically has taken place only in governments that are in the process of revolution, […]