The Deflationary Risk of 2018

[biglentil]

U.S. pension liabilities are estimated to be underfunded by 46 trillion. That assumes a real interest return of 3.2% and a birth rate of 2.2 children. In reality returns are negative, inflation figures are fudged and are much higher than stated, and birth rates are low 1's. There's a storm brewing and the baby boomers won't know what hit them.

[danny W1M]

biglentil re pensions,
That's a lot of the reason why many governments are so desirous of immigrants. Need people working to kick in for baby boomer's pensions. Immigrants don't care now, they just want to get in the country, but in 10, 15 maybe 20 years I can see them saying to government, screw that, were not having our pay cheque ****d just to pay for all these old white people. They have more spine and will most likely stand up to a government that wants to tax the crap out of them.

[biglentil]

Thats right problem is many new
immigrants are more interested in squeazing every last drop out of the system. Heaven forbid government cuts spending so they go after the savers, wealth holders and tax loopholes. #GotGold

[tweety]

[URL="https://www.bloomberg.com/news/articles/2017-08-28/amazon-cuts-prices-at-whole-foods-as-much-as-50-on-first-day"]https://www.bloomberg.com/news/articles/2017-08-28/amazon-cuts-prices-at-whole-foods-as-much-as-50-on-first-day[/URL]

[danny W1M]

You heard it from Errol first, Bloomberg a week later.

[URL="https://www.bloomberg.com/news/articles/2017-08-30/from-stocks-to-bonds-the-bear-market-signals-are-multiplying"]https://www.bloomberg.com/news/articles/2017-08-30/from-stocks-to-bonds-the-bear-market-signals-are-multiplying[/URL]

Thanks Errol for checking in here from time to time, and for posting when you do.