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financial ruin

01/04/2017 / By JD Heyes

Mathematics proves that California’s pension system will collapse… here’s why

There’s nothing going on here. Nothing to see. Move on. Things are under control. That’s what anyone who makes an inquiry about California’s critically unstable public pension system is told. ‘We got this. No worries.’ That’s because if state government officials and pension managers were being truthful, the system would completely collapse tomorrow—instead of, just, […]

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