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What happens to state/local pensions if stocks ever go down?

seems like most pension funds are a mix of equities and bond...
saffron hyperventilating factory reset button goyim
  10/20/17
states just raise taxes and repossess homes... all to make ...
Provocative Jewess
  10/20/17
The schools and roads would turn to complete shit. Oh wait, ...
Razzmatazz Azn Indian Lodge
  10/20/17
No one made you move to California.
wonderful karate
  10/20/17
Poors will riot and burn down certain areas.
shimmering sickened stage
  10/20/17
Boomers will just slap millennials with a 5% Patriotism Tax ...
orange orchestra pit organic girlfriend
  10/20/17
...
Shivering Appetizing Casino Private Investor
  10/20/17
...
peach kitchen travel guidebook
  10/20/17
pension funding is LOL but not sure what you're saying here ...
marvelous faggotry foreskin
  10/20/17
the way i have seen it described is like a feedback loop. ...
saffron hyperventilating factory reset button goyim
  10/20/17
Pension systems aren't loading up on their municipalities' b...
marvelous faggotry foreskin
  10/20/17
feds probably bailout a portion
Learning disabled locus weed whacker
  10/20/17
raise taxes, cut down services and ask for bailout
Chartreuse demanding shitlib stag film
  10/20/17
death panels
180 twinkling cumskin filthpig
  10/20/17
California is FUCKED.
trip fluffy round eye
  10/20/17
that's why we are importing a third-world brown population. ...
Seedy mahogany trailer park roommate
  10/20/17
...
razzle effete scourge upon the earth field
  10/20/17
...
peach kitchen travel guidebook
  10/20/17


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Date: October 20th, 2017 8:38 PM
Author: saffron hyperventilating factory reset button goyim

seems like most pension funds are a mix of equities and bonds, but some of the bonds are issued by the municipalities themselves, and are tied into the equity market anyway. even with dow 23K, a lot of pension funds are barely treading water. what happens if there is a "correction" at some point after this eight-year run?

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34490992)



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Date: October 20th, 2017 10:50 PM
Author: Provocative Jewess

states just raise taxes and repossess homes... all to make sure the BOOMERS who retired at 50 get paid

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491850)



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Date: October 20th, 2017 8:38 PM
Author: Razzmatazz Azn Indian Lodge

The schools and roads would turn to complete shit. Oh wait, that's already happened.

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34490995)



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Date: October 20th, 2017 9:35 PM
Author: wonderful karate

No one made you move to California.

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491376)



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Date: October 20th, 2017 8:39 PM
Author: shimmering sickened stage

Poors will riot and burn down certain areas.

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491002)



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Date: October 20th, 2017 8:44 PM
Author: orange orchestra pit organic girlfriend

Boomers will just slap millennials with a 5% Patriotism Tax to fund their yearly once-in-a-lifetime trip through Europe

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491039)



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Date: October 20th, 2017 8:59 PM
Author: Shivering Appetizing Casino Private Investor



(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491140)



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Date: October 20th, 2017 9:52 PM
Author: peach kitchen travel guidebook



(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491474)



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Date: October 20th, 2017 8:47 PM
Author: marvelous faggotry foreskin

pension funding is LOL but not sure what you're saying here

"but some of the bonds are issued by the municipalities themselves, and are tied into the equity market anyway"

If you're saying NYC bonds would lose money when the stock market falls because NYC's pension system owns NYC bonds, that's not correct.

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491059)



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Date: October 20th, 2017 9:01 PM
Author: saffron hyperventilating factory reset button goyim

the way i have seen it described is like a feedback loop.

eg:

-illinois pension buys IL bonds

-IL is able to pay on those bonds because a rising stock market eases its overall financial situation to an extent

-stock market falls

-IL edges closer to insolvency and cannot pay on its bonds

-IL pension fund holding equities and bonds gets nailed twice (unpaid bonds + sinking equity returns)

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491149)



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Date: October 20th, 2017 9:50 PM
Author: marvelous faggotry foreskin

Pension systems aren't loading up on their municipalities' bonds. They are governed by prudent man type guidelines that prevent any significant concentration. Some governments are fucked due to their bonds and/or pensions, but not because of what you described

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491462)



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Date: October 20th, 2017 8:49 PM
Author: Learning disabled locus weed whacker

feds probably bailout a portion

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491069)



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Date: October 20th, 2017 8:53 PM
Author: Chartreuse demanding shitlib stag film

raise taxes, cut down services and ask for bailout

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491099)



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Date: October 20th, 2017 8:56 PM
Author: 180 twinkling cumskin filthpig

death panels

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491120)



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Date: October 20th, 2017 9:00 PM
Author: trip fluffy round eye

California is FUCKED.

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491147)



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Date: October 20th, 2017 9:02 PM
Author: Seedy mahogany trailer park roommate

that's why we are importing a third-world brown population. they are used to third-world impoverishment, and they are too stupid/ineffectual to protest when this happens.

(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491158)



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Date: October 20th, 2017 9:02 PM
Author: razzle effete scourge upon the earth field



(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491161)



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Date: October 20th, 2017 9:52 PM
Author: peach kitchen travel guidebook



(http://www.autoadmit.com/thread.php?thread_id=3770080&forum_id=2#34491469)