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How Safe Is Your Pension?


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Serpantly sir!

Cheers

Sorry Percy, but I'm not David Icke.

I do see living standards falling drastically in the West as the playing field is levelled through globalisation. Only thing is, this deflation/deleveraging will not support the unfunded pension and health care liabilities along with the mountain of debt.

The next generation has been well and truly . . .

Quote from recen article in the Gaurdian:

'Royal Mail expects to be told that the hole in its pension fund has reached £7bn when a new review starts this autumn - twice the size of the current assessment.'

Reality is dawning. Globalisation will prevent the wage inflation previously deployed and enjoyed to erode all forms of debt.

This does not have a happy ending.

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Sorry it was said in jest and had no relation to fictional or REAL conspiracies!

Baaaaaa

Sorry Percy I forget to use the 'smiley' things to express myself sometimes. Mind you, this form of socialising is far, far cheaper than the pub!

Edited by MJP
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