Left with few options State Employee Pension Funds the favorite choice of many is to start playing risky investment (like derivatives , etc) and gamble on playing it big.  Any fool  know this is a recipe for disaster, that’s how they got in trouble to begin with.  One pension a month or so age actually turned it’s investments to commercial real estate, when it is common knowledge that that’s the next bubble that is bursting right now.

Somebody save us from these nitwits!

Explore posts in the same categories: CHECKBOOK ECONOMICS

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: