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jumanji0881

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jumanji0881

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Saturday, 12/03/2022 1:25:15 PM

Saturday, December 03, 2022 1:25:15 PM

Post# of 37919
America's Insolvency Is Mandatory
https://www.zerohedge.com/economics/americas-insolvency-mandatory

Excerpt:
Without action, however, time is coming for Social Security and Medicare in a big way. Social Security’s trust fund is projected to run out around around 2035. Absent congressional intervention, that will trigger a 20% cut for everyone receiving benefits when the well runs dry. Medicare’s trust fund is projected to vanish in just six years, with less clarity on how shrinking resources will be apportioned.
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