The Coming Retirement Crisis Part II

Published on
February 10th, 2020
Duration
45 minutes

Declining Fiscal Democracy: Understanding the “Pig in the Python”


The Coming Retirement Crisis Part II

The Expert View ·
Featuring Raoul Pal

Published on: February 10th, 2020 • Duration: 45 minutes

How can ordinary people behaving rationally create a generational threat? Raoul Pal, in his role as CEO and co-founder of Global Macro Investor, joins Real Vision to explain the interconnected problem of the everything bubble and the coming retirement crisis to answer the question, "why do we invest?" He explains in detail how the baby boomer generation, through the rational and reasonable behavior of seeking to live and retire comfortably, has fueled the creation of a massive financial bubble that touches nearly every corner of the economy as pensions take more and more risk. Pal breaks down the crucial demographic, economic, and political trends that have combined to create the problem and suggests potential solutions for Baby Boomers, Millennials, and Gen Xers to get out door before the fire of the coming recession. Filmed on February 4, 2020 in Grand Cayman. See Raoul's first Retirement Crisis video, which was watched by over 2 million people, here: https://www.realvision.com/tv/shows/the-expert-view/videos/the-coming-retirement-crisis

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