Pension Ponzi

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Author :
Release : 2011-01-25
Genre : Business & Economics
Kind :
Book Rating : 730/5 ( reviews)

Pension Ponzi - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Pension Ponzi write by Bill Tufts. This book was released on 2011-01-25. Pension Ponzi available in PDF, EPUB and Kindle. The vast majority of Canadians are blissfully unaware that every man, woman and child in Canada now owes a $35,000 share of government debt and must pay this back, with interest! Make no mistake, this debt will change our country and affect every single Canadian in the decades to come. You may think you have planned for your retirement and are safe, but the government must find a way to recover this borrowed money, and they can only do that by raising your taxes and reducing your hard-earned benefits. How did this debt come about, and why can't we simply pay it off? Pension Ponzi lays the blame squarely at the feet of the politicians who refused to stand up to Canada's public sector unions. The fact is Canada's public sector, which accounts for 20% of the workforce, has been grossly overpaid relative to their counterparts in the private sector with cushy pensions paid for with your taxes and new debt. There is no denying that the country does not have the financial resources to ensure that the next generation of Canadians will have the same standard of living as the ones before it-or to support our growing seniors population. Meeting our public sector pension obligations will break the current social safety net that is a pillar of the Canadian way. Can you escape this bleak future? Can you afford to live longer? Nationally-recognized pension expert Bill Tufts and award-winning journalist Lee Fairbanks explore how this catastrophe came about and then suggest ways that government can fix what's broken, and how you as an individual can protect yourself from the financial calamity that is about to engulf Canada.

Pension Ponzi

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Author :
Release : 2011-10-31
Genre : Business & Economics
Kind :
Book Rating : 885/5 ( reviews)

Pension Ponzi - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Pension Ponzi write by Bill Tufts. This book was released on 2011-10-31. Pension Ponzi available in PDF, EPUB and Kindle. The vast majority of Canadians are blissfully unaware that every man, woman and child in Canada now owes a $35,000 share of government debt and must pay this back, with interest! Make no mistake, this debt will change our country and affect every single Canadian in the decades to come. You may think you have planned for your retirement and are safe, but the government must find a way to recover this borrowed money, and they can only do that by raising your taxes and reducing your hard-earned benefits. How did this debt come about, and why can't we simply pay it off? Pension Ponzi lays the blame squarely at the feet of the politicians who refused to stand up to Canada's public sector unions. The fact is Canada's public sector, which accounts for 20% of the workforce, has been grossly overpaid relative to their counterparts in the private sector with cushy pensions paid for with your taxes and new debt. There is no denying that the country does not have the financial resources to ensure that the next generation of Canadians will have the same standard of living as the ones before it-or to support our growing seniors population. Meeting our public sector pension obligations will break the current social safety net that is a pillar of the Canadian way. Can you escape this bleak future? Can you afford to live longer? Nationally-recognized pension expert Bill Tufts and award-winning journalist Lee Fairbanks explore how this catastrophe came about and then suggest ways that government can fix what's broken, and how you as an individual can protect yourself from the financial calamity that is about to engulf Canada.

Protecting America's Pension Plans from Fraud

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Author :
Release : 2005
Genre : Law
Kind :
Book Rating : /5 ( reviews)

Protecting America's Pension Plans from Fraud - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Protecting America's Pension Plans from Fraud write by United States. Congress. Senate. Committee on Health, Education, Labor, and Pensions. This book was released on 2005. Protecting America's Pension Plans from Fraud available in PDF, EPUB and Kindle.

Ponzi Scheme

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Release : 2015-09-17
Genre : Business & Economics
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Book Rating : 451/5 ( reviews)

Ponzi Scheme - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Ponzi Scheme write by 50minutes,. This book was released on 2015-09-17. Ponzi Scheme available in PDF, EPUB and Kindle. Avoid scam investments This book is a practical and accessible guide to understanding Ponzi schemes, providing you with the essential information and saving time. In 50 minutes you will be able to: • Learn about the inspiration behind the scheme, Charles Ponzi, and how he fraudulently pocketed profits on postage stamps while deceiving his investors • Follow our advice on how to avoid Ponzi schemes and make the right investment • Understand why the Ponzi scheme has appeared in all parts of the world right up to today by looking at some more recent examples ABOUT 50MINUTES.COM | Management & Marketing 50MINUTES.COM provides the tools to quickly understand the main theories and concepts that shape the economic world of today. Our publications are easy to use and they will save you time. They provide elements of theory and case studies, making them excellent guides to understand key concepts in just a few minutes. In fact, they are the starting point to take action and push your business to the next level.

Pension Fund Capitalism

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Release : 2022-04-10
Genre : Business & Economics
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Book Rating : 539/5 ( reviews)

Pension Fund Capitalism - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Pension Fund Capitalism write by Leokadia Oręziak. This book was released on 2022-04-10. Pension Fund Capitalism available in PDF, EPUB and Kindle. This book examines the origins and consequences of so-called pension fund capitalism, which has spread around the world since 1981, when the pension system was completely privatized in Chile. The author highlights the driving forces behind the privatization of pensions, its forms and tools used in practice, and the risks and costs related to private pensions. The reader can also learn about the experiences of various developed countries (including the USA, Canada, Australia, and Germany), as well as Latin American (including Chile) and Eastern European countries, related to the privatization of pensions. Particular attention is paid to Poland as an example of a country where such privatization failed completely. This book provides a source of serious reflection on what this privatization has led to, what its real economic and social consequences are and what the likelihood is of reversing it and strengthening the public pension system. Academic researchers and students of economics and finance, as well as social and political sciences, will find the book invaluable in understanding the problems arising from the privatization of pensions. It will also be of interest to professionals: institutions that shape or influence economic and social policy, including political parties, trade unions, non-governmental organizations, the media, and institutions operating on the financial market.