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Tag: Pension Crisis

70% of American Cities in Debt – Pension Crisis will Cause Taxes to RISE

A study by Truth in Accounting (TIA) revealed that 70% of America’s largest cities fell into a deficit in fiscal year 2022. Out of the 75 cities studied, 53...

Ukraine Cannot Pay Govt in 2024 Without Billions from the West

Most do not realize that the West has been funding Ukraine’s entire government. Biden and other world leaders have promised Zelensky that they would fund the...

US Government Gets a Raise by Executive Order

President Biden has signed an executive order to implement a 5.2% pay raise for civilian federal workers in 2024, which is the largest pay increase for the federal...

Swiss Man Identifies as a Woman to Retire Early

As of January 1, Swiss citizens may change their gender on paper for the price of 75 Swiss francs. Four days after the law was implemented, a man (born XY) by the...

South Korea’s Pension Crisis

The Korea Economic Research Institute (KERI) believes that the youth born after 1990 will be unable to claim their pensions as the current system is close to...

The Rising Great Divide

COMMENT: Marty, Your last post rings so true. Which why I feel a bit hopeless about CA. Florida, with DeSantis leading is definitely heading in the right...

Pensions

QUESTION: Re: why the welfare state will collapse. Once again it seems that the computer is right. The United States will follow in the footsteps of Rome. My...

Lockdowns Have Pushed Government Pensions Over the Edge

COMMENT: Facing a vicious circle of conflicting demands and priorities, the California Public Employees Retirement System is turning to debt – a risky scheme to...

Constitutional Convention

QUESTION: Hi, I am new to Socrates & will try to utilize this wonderful program. A few questions for Mr. Armstrong about the current state of political...

Socialism & the Coronavirus

COMMENT: I think this is being used by socialists to justify complete government control. They criticize Trump saying he did not act soon enough. I just do not...