Penniless Pensions

Published on
February 12th, 2020
3 minutes

Penniless Pensions

Presentations ·
Featuring Raoul Pal

Published on: February 12th, 2020 • Duration: 3 minutes

Real Vision CEO Raoul Pal launches the next step in exploring the retirement crisis: exploring how state and federal pension plans are serially underfunded. He introduces Konstantin Boehmer, Thomas Healey, and California Senator Moorlach who explain why public pensions are in rough shape, and how, as bond yields have continually sunk lower, assets cannot generate enough cash to meet obligations.