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491 sats \ 3 replies \ @siggy47 30 Oct 2023 \ on: Meta Econ Takeover Day 12 meta

Next bubble to pop? U.S. pension systems

700 sats \ 0 replies \ @carlosfandango 30 Oct 2023 freebie

European welfare budgets first…. Completely unsustainable with an aging and ailing population.

410 sats \ 1 reply \ @Undisciplined OP 30 Oct 2023

Any type in particular? Defined benefit, municipal, union, etc.

509 sats \ 0 replies \ @siggy47 30 Oct 2023

Calpers is in deep trouble. Any of the State pensions systems are suspect, since they are underfunded. I would say state municipal are the most vulnerable, then private, depending on the company.