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26.04.18, 18:59
But the problem is not just in the United States, but the mismanagement of assets combined with irrational and flawed return expectations has spread globally. Visual Capitalist recently took a look at the global pension problem stating:
“According to an analysis by the World Economic Forum (WEF), there was a combined retirement savings gap in excess of $70 trillion in 2015, spread between eight major economies…
The WEF says the deficit is growing by $28 billion every 24 hours – and if nothing is done to slow the growth rate, the deficit will reach $400 trillion by 2050, or about five times the size of the global economy today.”
www.zerohedge.com/news/2018-04-26/pension-crisis-worse-you-think