Investors have been moving back into municipal bonds, even as - TopicsExpress

Investors have been moving back into municipal bonds, even as Berkshire Hathaway Chairman Warren Buffett is warning of trouble ahead for government pension systems. Citizens and public officials typically under-appreciated the gigantic financial tapeworm that was born when promises were made that conflicted with a willingness to fund them. Unfortunately, pension mathematics today remain a mystery to most Americans, he wrote in his annual letter to shareholders.

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