Unfunded pensions in Europe hit 300%-500% of GDP—demographic collapse fuels looming crisis.

U.S. government’s unfunded liabilities are 465% of GDP (only Spain’s worse). Federal governments unfunded liabilities total $123 trillion and state & local governments have unfunded liabilities of around $3 trillion for pensions.
(See link for details)t.co/WZr8s2LRlR

— cynical1 (@eb10s) November 17, 2024