So I live in the Midwest (not IL). I am familiar enough with IL politics to believe the state is headed for a major pension crisis.
Recently a town has had its tax rev garnished by the state in order to cover police and fire pension underfunding. There are countless other towns with pension funds in similar condition. The state pension fund is Also a shambles.
So what are some examples of positions I could take in the market which would allow me to benefit from a IL pension system collapse? Obviously I realize the speculative risk of those positions, viewing them as a different type of trip to casino. Mainly just curious what technical positions they would be.
Submitted April 16, 2018 at 11:09PM by tme85 https://ift.tt/2qCyDzr
