Pension Crisis Too Big for Markets to Ignore. Unfunded pension obligations have risen to $1.9 trillion from $292 billion since 2007. – G.G.
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Just a quick reminder: the Federal Reserve is almost insolvent. Excerpt: “So if bond prices fall by just 0.9%, i.e. interest rates go up just slightly, the Fed will be insolvent.”
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Video: US Debt of $20 Trillion Visualized in Stacks of Physical Cash – H.L.
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