Thoughts on Politics, Culture, Books, Sports and Anything Else Your Humble Author Happens to Think Is Interesting
Monday, October 15, 2012
A Graph That Could Be Entitled "We're Screwed"
In pension plans, actuaries call the point at which too many people are expecting benefits to be paid by the contributions of too few workers the moment at which a "death spiral" begins. When you reach that point, you're screwed.
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