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Off the Cuff: Bankrupt State Pensions

Illinois shows us what to expect in the coming future...
Thursday, May 7, 2015, 12:18 PM
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In this week's Off the Cuff podcast, Chris and Mish discuss:

  • Illinois' Staggeringly Underfunded Pensions
    • To the tune of $40k per household
  • Broken Promises In-Waiting
    • Many other states are in the same bad shape
  • The Pin Moves Closer To The Bubble
    • Growth is vaporizing despite record stock prices
  •  Keep A Close Eye On Bond Yields
    • Flashing warning signs that investors are getting nervous

 

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