Pensions are great until they aren’t.

[Over70irregs]

Counterparty risk is always a threat unless you control the asset.

3M’s CEO is in line for a $26 million pension — as company freezes the plan for employees

Another U.S. corporation cuts retirement benefits for its workers while fattening benefits for the people in its executive suites.

www.marketwatch.com

 

[twotwofour]

We control it through the contract negotiations. Let’s just hope it keeps up with inflation the next 20 years

 

[Over70irregs]

We control it through the contract negotiations. Let’s just hope it keeps up with inflation the next 20 years

Honestly looking at US debt clock. I’m not seeing it. Too quiet. Way too quiet. At Trader Joes yesterday. Olive oil I used to buy was 5.99 now it’s 11.99. 3 weeks ago it was 8.99. It’s cooking you guys. We are in uncharted territory.

 

[IVE GOTTA PACKAGE 4U]

We control it through the contract negotiations. Let’s just hope it keeps up with inflation the next 20 years

It won't keep up with inflation the next two years that's for sure

 

[IVE GOTTA PACKAGE 4U]

Honestly looking at US debt clock. I’m not seeing it. Too quiet. Way too quiet. At Trader Joes yesterday. Olive oil I used to buy was 5.99 now it’s 11.99. 3 weeks ago it was 8.99. It’s cooking you guys. We are in uncharted territory.

Severe droughts in Spain has caused the price of olive oil in skyrocket.
They produce over half the olive oil for the entire world

 

[Over70irregs]

Severe droughts in Spain has caused the price of olive oil in skyrocket.
They produce over half the olive oil for the entire world

Good info. Just saw it soared 70% last year. Goodness.

 

[Sissy Brown Short Shorts]

I work and save under the impression that I won’t receive a pension or social security. I make up for the money being stolen from my paycheck that funds the Ponzi scheme known as Social Security by sending a significant amount of my pay to a 401k. I guess for the pension you gotta pray there’s a democrat in office that can pass a bailout and kick the debt can down the road to your grandkids. I also plan on having the house and car paid off by middle age, bank the savings and pray the wife doesn’t split with half.

 

[Faceplanted]

Honestly looking at US debt clock. I’m not seeing it. Too quiet. Way too quiet. At Trader Joes yesterday. Olive oil I used to buy was 5.99 now it’s 11.99. 3 weeks ago it was 8.99. It’s cooking you guys. We are in uncharted territory.

You a fan of the hairy arm pit hippy girls that frequent Trader Joe’s?

 

[IVE GOTTA PACKAGE 4U]

I work and save under the impression that I won’t receive a pension or social security. I make up for the money being stolen from my paycheck that funds the Ponzi scheme known as Social Security by sending a significant amount of my pay to a 401k. I guess for the pension you gotta pray there’s a democrat in office that can pass a bailout and kick the debt can down the road to your grandkids. I also plan on having the house and car paid off by middle age, bank the savings and pray the wife doesn’t split with half.

Pay.off that debt! Then you won't need as much










Until inflation kicks back in.

 

[Over70irregs]

You a fan of the hairy arm pit hippy girls that frequent Trader Joe’s?

Some of the hottest yoga pants ladies go there sir. Bonus if you go to one near a gym.

 

[UnionStrong]

Pay.off that debt! Then you won't need as much










Until inflation kicks back in.

It went up in December too. Bidenomics you stupid bastards!

 

[IVE GOTTA PACKAGE 4U]

It went up in December too. Bidenomics you stupid bastards!

The answer to this problem is not going to be good

 

[UnionStrong]

The answer to this problem is not going to be good

Disaster is around the corner.

 

[IVE GOTTA PACKAGE 4U]

Disaster is around the corner.

It's late 2007 all over again

History always repeats itself

 

[UnionStrong]

It's late 2007 all over again

History always repeats itself

Worse, idiots are in charge

 

[IVE GOTTA PACKAGE 4U]

Worse, idiots are in charge

34 trillion.....

 

[UnionStrong]

34 trillion.....

Beyond anyone’s control now. It’s all going to collapse. Inevitable

 

[IVE GOTTA PACKAGE 4U]

Beyond anyone’s control now. It’s all going to collapse. Inevitable

It's just not here it's a worldwide

 

[UnionStrong]

It's just not here it's a worldwide

Yes, it is. But we lead the parade off the cliff.

 

[IVE GOTTA PACKAGE 4U]

Yes, it is. But we lead the parade off the cliff.

What's the future going to look like for our kids?