Skip to content
Subscriber Only

As Pension Crisis Looms, Golden Years Fade: Clive Crook

March 7 (Bloomberg) -- The resolution of every economic crisis sows the seeds of the next.

Public pension systems in advanced and emerging economies alike were already under stress before the Great Recession. The past few years’ destruction of wealth and the likelihood of slower growth in the future have weakened them further and will put some under intolerable pressure.