Unfunded Pensions & Potential Retirement Crisis (w/ Brian Reynolds) | Real Vision

Brian Reynolds, former chief market strategist at Rosenblatt Securities, sits down with Real Vision’s Tyler Neville to discuss how unfunded pension liabilities are the real engine for the US credit boom and how this financial engineering has produced one of the greatest bull markets in history. A legal mandate requires these funds to generate 7.5% returns, and when they fail to do so, taxpayers foot the bill. As a larger percentage of these pensions are moved onto corporate balance sheets in the form of debt, the tightrope these pension funds walk gets more and more precarious. Filmed on March 25, 2019 in Goffstown, New Hampshire.

Watch more Real Vision™ videos: http://po.st/RealVisionVideos Subscribe to Real Vision™ on YouTube: http://po.st/RealVisionSubscribe Watch more by starting your 14-day free trial here: https://rvtv.io/2H0wx5M

About Skin In The Game: What is the big money up to right now? In each episode of “Skin in the Game,” an esteemed fund manager sits down to discuss their outlook on the markets, their current portfolio positioning, and their best investment idea.

About Real Vision™: Real Vision™ is the destination for the world’s most successful investors to share their thoughts about what’s happening in today’s markets. Think: TED Talks for Finance. On Real Vision™ you get ex…

Original video: https://www.youtube.com/watch?v=k9_bWbrYPKg
Downloaded by http://huffduff-video.snarfed.org/ on Thu, 27 Jun 2019 14:04:08 GMT Available for 30 days after download