The Coming Pension Crisis Is So Big That It’s a Problem for Everyone
May 25, 2019 at 09:30 AM EDT
By John Mauldin via Iris.xyz A decade ago I pointed out that public pension funds were $2 trillion underfunded and getting worse. More than one person told me that couldn’t be right. They were correct: It was actually much worse. It has gotten to $2 trillion and much worse in just a few years. Note...