Kolivakis: The Fate of Underfunded Pensions: Bankruptcy or Bailout?
Long before the market’s most recent correction, underfunded pensions were already a huge concern. Now that prices have fallen along with interest rates, pensions are in an even worse position than before. Leo Kolivakis, publisher of Pension Pulse, returns to update Ed Harrison and Real Vision viewers on the state of the global pension system with a specific focus on whether state pension funds will go bankrupt or get bailed out. Filmed on April 24, 2020.
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