This morning we pick up on where we visited in the UrbanSurvival column Tuesday: The looming collapse of multiple pension systems.
Oh, sure, we can make a case that banks are never too big to fail. But what happens if the next round of economic collapse brings us head to head with deciding how to deal with long-term pension obligations?
This morning we look at two possibilities to solve for “X” – neither of which will make everyone happy. But at least in an economic sense, they are a start on that road to fixing America, again.
No, we will not Trump you to death. There are much more interesting things ahead – like the employment data beginning to leak out.
And oh, yeah: The Futures are indicating that the Dow will open down 100, or so. And this will make it two-in-a-row for our fearless Monday Call. Soft start and turn around today?