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Essential
•The Essential Conversation
The Golden State Pension "Trainwreck" is Coming
California State Senator, John Moorlach, joins Real Vision to discuss California's looming pension crisis.
Featuring Senator John M. W. Moorlach and Michael Green
Feb 13, 2020 • 34 minutes
California State Senator, John Moorlach, joins Real Vision to discuss California’s looming pension crisis. Senator Moorlach explains to Mike Green of Logica Capital Advisers why CalPERS, or the California Public Employees’ Retirement System, is so massively underfunded. He discusses how the system has flooded into the equity market and made promises to its pensioners that it cannot possibly keep. Filmed on February 6, 2020, in Sacramento, California.
Show MoreThe Essential Conversation is the world's premier financial-market-focused conversation series. The smartest people in markets, finance, economics, and business engage in deep-diving discussions about the global macro landscape, generating actionable takeaways that can help your decision-making process. Tune in to peer-to-peer conversations between the brightest minds in the investing world, and tune up your portfolio.
More EpisodesThe Essential Conversation is the world's premier financial-market-focused conversation series. The smartest people in markets, finance, economics, and business engage in deep-diving discussions about the global macro landscape, generating actionable takeaways that can help your decision-making process. Tune in to peer-to-peer conversations between the brightest minds in the investing world, and tune up your portfolio.
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