A statewide concern: Illinois’ population decline outpaces neighboring states – Wirepoints on ABC20 Champaign
“We are not in good shape” Wirepoints’ Ted Dabrowski told ABC 20 Champaign during a segment on Illinois’ latest population losses. Illinois was one of just three states to shrink in the 2010-2020 period and has lost another 300,000 people since then. Ted says things need to change. “It’s too expensive to live here, there aren’t enough good jobs and nobody trusts the government anymore. There’s just other places to go where you can be more satisfied.”
We already see how dramatically the Fed intends to reduce it’s balance sheet over the next 2 years.This is to be accommodative for the coming pension tsunami when the next downturn in the economy occurs.I expect pension bonds will be a huge financial product in the U.S. in the coming years.
Just watch