Disorder Ahead

Economic disorder is ahead. The Fed is learning by doing and they are screwing it up. Who will pay the price? You and I have been paying for five years but we will keep paying. Rhode Island has changed its pension laws to reduce value and costs. Who cares what was promised years ago. Tough luck. Prepare for other pension funds to be compromised as well. You must protect yourself. If your pension fund is located in a public entity without a balanced budget, you will be among the first targets. Others will have more notice as disorder increases. Take the opportunity to minimize your exposure, if possible. Convertible hard assets are the best protection against those who will exploit you.

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