You've heard of these in the news. Moody's estimates that government unfunded liabilities are somewhere in the ballpark of $7 trillion. For just the 19 biggest unfunded plans in corporate America, Russell estimates the number at $189 billion. This is yet another pro-cyclical kick down the road. Why faceĀ …

Source: Throwing The Kitchen Sink At A Conservative Thesis

Leave a Reply

Your email address will not be published. Required fields are marked *