Jul 18

Pension Shocker: Plans Face $2 Trillion Shortfall, Moody’s Says (ZeroHedge, July 18, 2015):

“Moody’s, which in 2013 began using a lower rate than governments do to calculate future liabilities, has estimated that the 25 largest U.S. public pensions alone have $2 trillion less than they need”, Bloomberg reports.

 

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One Response to “Pension Shocker: Plans Face $2 TRILLION Shortfall, Moody’s Says”

  1. Marilyn GjerdrumGer Says:

    The entire world economic system faces quadrillions in shortfalls…….

    Wait for the contraction, then the implosion…………………….

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