REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Dallas Police and Fire Pension Board ends run on the bank, stops $154M in withdrawals
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Poster Handle
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Anonymous Coward |
Post Content
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financial Ponzi scheme
works well until everyone decides to cash in at once
Teachers, Firefighters, Policemen, Correction Guards, City, County, State, ect...
ALL of these pension funds over promise returns
UNsustainable
Dallas is the pension fund canary in the mine
if you don't have physical possession of your cash
you don't have diddly
Bank accounts and Money Market Funds once deposited are not your funds anymore
you are just a patsy stockholder in the Banker's vault
negative interest rate coming soon
Cypress was a trial balloon by the IMF/ World Bank/ BIS
pension fund fiasco chickens coming home to roost...
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