by Kerry Lutz, Financial Survival Network:
John Rubino and I have been talking for years about the coming pension crisis. And now it’s almost here. 100’s maybe even 1000’s of government entities are in trouble.They won’t be able to meet their bloated pension commitments. This will increasingly lead to municipal bankruptcies. Right now states cannot file for bankruptcy, but no doubt Congress will soon change the law. Get ready!
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