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Bankrupt Government Pensions: Government Cannot be Trusted – City, State and Federal!
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Bankrupt Government Pensions: Government Cannot be Trusted – City, State and Federal!

Personal Freedom and Prosperity 102: Acquiring and Possessing Property "They (worker in Chile) trust the private sector and prefer market risk to political risk. If you invest money in the market, it could go up or down. Over a 40-year period, though, a diversified portfolio will have very low risk and provide a positive rate of real return. But when the government runs the pension system, it can slash benefits at any time." - Jose Pinera, Harvard PhD

12/19/2013