As we predicted, a pension fund bailout is being suggested.
Multiply this by 4 Trillion to get an idea of how big a bailout it would be[/caption] We have been expecting this for a while and it is not good news. This kind of thing will hurt a whole lot more than just real estate, but you should be aware of it so you can take steps to be prepared for it. At pension fund bailout at the taxpayers expense would completely throw things into chaos - and not in a good way. Plus, we get a slightly less nightmarish update on automation and driverless cars. Todays Links:
If the pension bubble does burst, what happens next? Some interesting rumblings lately about the possible pension bubble! There are reports that pensions are about to do a lot of selling on the stock market and that could spell the beginning of the end.We will talk about that and discuss how ...
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