Social Security Is BANKRUPT and You’re NOT Getting Your Money! Get Ready Now!
Let’s get real. Social security is completely BANKRUPT. It’s not nearly BANKRUPT. It’s not kind of BANKRUPT. It’s just BANKRUPT. There’s no money there. They just borrow more money to pay people today. That’s not acceptable because at some point soon they need to respond in some way. Either way, it’s not good for anybody.
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ℹ️Sources Used in This Video ℹ️
https://goo.gl/UpprQe
Social Security Expected to Dip Into Its Reserves This Year - WSJ
https://www.wsj.com/articles/social-security-expected-to-dip-into-its-reserves-this-year-1528223245
Social Security to tap into trust fund for first time in 36 years - MarketWatch
https://www.marketwatch.com/story/medicares-finances-are-getting-worse-as-social-security-taps-into-fund-for-first-time-in-36-years-2018-06-05
Connecticut Wants to Borrow $500 Million. In Return, It Promises Thrift - WSJ
https://www.wsj.com/articles/connecticut-wants-to-borrow-500-million-in-return-it-promises-thrift-1528218521
Chicago leads US in underwater homes | Fox Business
https://www.foxbusiness.com/markets/chicago-leads-us-in-underwater-homes
US house prices are going to rise at twice the speed of inflation and pay: Reuters poll
https://www.cnbc.com/2018/06/06/us-house-prices-are-going-to-rise-at-twice-the-speed-of-inflation-and-pay-reuters-poll.html
2018-06-06_5-04-43.jpg (890×571)
2018-06-06_6-04-20.jpg (890×523)
Merkel Warns of G-7 Summit Split Over Trump’s ‘America First’ - Bloomberg
https://www.bloomberg.com/news/articles/2018-06-06/merkel-warns-of-g-7-summit-split-over-trump-s-america-first
These are Wall Street’s highest-paid CEOs | Fox Business
https://www.foxbusiness.com/markets/these-are-wall-streets-highest-paid-ceos
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Social Security is the longest lasting Ponzi Scheme! Can’t believe they have not shut it down yet!
When I was young and starting to work, my parents had always warned me to not anticipate that the retirement / social security would be there and that it was far more important to be sure that people do the best they can to not be reliant on those things.
You never know when it will just be decided that it is an unsustainable system, or a ponzi scheme as another commenter points out.
LOL is it not the same with CPP.
Goodbye Wynne hope to never see you ever again in politics. Thank you for giving Ontario the crown of most expensive electricity in North America for 2016 and I will remember and remind people about your borrowing to give bogus electricity discount trick when the future huge rate hike comes.
Im young amd do not include social security when thinking about financial independence. Thats just the money I burn to keep Uncle Sam happy. Hopefully most people here feel the dame way. Otherwise they may be truly dissapointed.
Yup its a PONZI scheme . And there are going to be a large mob of angry Americans lynching every dirty politician that robbed them .