Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (72024)	1/11/2010 2:21:33 PM
From: Maurice Winn	1 Recommendation of 74559

They were ElM. Thanks. This one was especially interesting: <US public pensions 'facing $2,000bn shortfall' By Francesco Guerrera and Nicole Bullock in New York > I have heard of the concern but that's a serious number, even in US$ amounts. No problem though, just cut the pensions by that much. Private business owners have ideas about how wealthy they'll be in retirement, but when the business doesn't come up with the cash, they have to adjust their lives accordingly to lower spending. Mqurice

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