Trillion-Dollar Time Bomb Video: Whistleblower Exposes America's Pension Crisis
Pension Meltdown Ahead? Asks Kitco News
A record-setting SEC whistleblower says the next financial crisis won’t come from banks or stocks – it’s already buried inside America’s public pension system. Ted Siedle, former SEC attorney and co-author of Who Stole My Pension with Robert Kiyosaki, joins Kitco News Anchor Jeremy Szafron to expose what he calls the “most ignored financial crisis in America.” Siedle reveals how rising rates, private equity lockups, and political influence are putting taxpayer dollars and retirement savings at risk and why many pensions are already beyond repair. He also explains why crypto and alternative assets could implode at the next liquidity shock, warns about looming bailouts, and shares his views on gold, transparency reform, and how the crisis could spark political and social unrest. Key topics:
Why public pensions are “the dumbest investors in the room”
The case of Minnesota’s secretive pension fees and 400% underreporting
What’s inside the private equity documents no teacher is allowed to see
Why crypto, alternatives, and illiquid assets pose systemic risk
Whether gold could help protect pensions or be squandered
How tariffs and foreign capital flight threaten already fragile funds
Why transparency is the solution Wall Street doesn’t want
What public workers and taxpayers must do now to protect themselves