Your Pension May Be Monetized | Mauldin Economics
...Connecticut, Kentucky, and Illinois have the lowest funding ratios, at 20 percent, 21 percent, and 23 percent respectively.
...Already, Illinois spends as much on pensions as it does on welfare and public protection (that is, police and firefighters) combined, and nearly half of its education appropriations go toward teacher pensions
...Japanification and massive quantitative easing throughout the developed world. As I’ve written the past few weeks, that will bring financial repression and reduced growth.
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