cornbread
Well-known member
Pension Checks Stopped In Alabama City
https://www.economicpolicyjournal.com/2010/12/pension-checks-stopped-in-alabama-city.html
The pension fund of Prichard, Alabama has run dry. It only impacts a small number of retired town workers, but it provides a hint at what might happen on a larger scale when some biggies run out of dollars.
The retirees nightmare is becoming reality in America.
The dominoes are beginning to fall.
The only difference in Prichard and every other place in the USA is .....Time.
Soon, all public retirement systems(and many private ones) will be BROKE!
https://www.economicpolicyjournal.com/2010/12/pension-checks-stopped-in-alabama-city.html
The pension fund of Prichard, Alabama has run dry. It only impacts a small number of retired town workers, but it provides a hint at what might happen on a larger scale when some biggies run out of dollars.
The retirees nightmare is becoming reality in America.
The dominoes are beginning to fall.
The only difference in Prichard and every other place in the USA is .....Time.
Soon, all public retirement systems(and many private ones) will be BROKE!