It is the 27th of May 2017

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Global Pension Underfunding Will Grow To $400 Trillion Over Next 30 Years: World Economic Forum

Earlier this week we highlighted "Six Terrifying Graphs That Summarize America's Public Pension Crisis" which ranked state, county and city-level public pensions in the United States by which are screwed the most.  To summarize, the study concluded that public pensions in the U.S. alone are currently underfunded by nearly $4 trillion and that taxpayers in Illinois, California and New Jersey should probably be looking to move before getting drowned in their state's coming pension-induced tax hike tsunami.

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Hillary Clinton: "The Right Is Afraid Of Me Because I Don't Die"

After recovering from another coughing fit...

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Egyptian Warplanes Bomb Terrorist Camps In Libya After Attack On Coptic Christians

Hours after gunmen opened fire on a convoy of vehicles carrying Coptic Christian worshippers to a desert monastery in Egypt, killing 28, the Egyptian warplanes carried out six bombing strikes targeting camps near Derna in Libya where Cairo believes militants responsible for the deadly attack were trained, Egyptian military sources said quoted by Reuters.

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Another Member Of Mises Cuba Is Now Missing

Update from Mises Cuba: Nelson Rodriguez Chartrand, who disappeared Monday night, has reappeared. He was beaten and spooked, but alive and in one piece. Details in a few days. Sincere thanks to the supporters of our international wing who mobilized on his behalf.

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List of Seven Troubles Assailing the US Economy as We Head into Summer

The following article by David Haggith was published on The Great Recession Blog:


The following is not simply a list of negative risks to the economy but a list of of serious economic conditions that are already placing drought-like pressures on the overall economy. This list doesn’t include the long-term structural problems with the economy, such as its high debt burden, but just the forces that have risen against it this year. 

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Two Simple Charts Explain The Devastating Consequences Of Obamacare

As the mainstream media and the original Affordable Care Act (ACA) architects attempt to saddle the Trump administration with the blame for Obamacare's epic implosion, we thought the following two charts, which highlight the staggering increases in premiums from 2013 through 2017, were a timely reminder that Obamacare's 'implosion' occurred long before people even thought Trump had a shot at the White House. 

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