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2024-01-31 Government Corruption

Author of the book 'Black Swan' warned of a 'death spiral' of the US national debt

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Posted by badanov 2024-01-31 00:00|| || Front Page|| [27 views ] Top

#1 ...We are going to literally wake up one morning and have hit the wall, with the President coming on a few hours later to tell us that 'difficult choices must be made."

Social Security and 401ks - gone. Defense spending - cut by at least half. That will be just the start, and the inevitable inquiry afterwards will be full of people swearing that they had no idea what was coming.

Mike

Posted by MikeKozlowski 2024-01-31 08:00|| 2024-01-31 08:00|| Front Page Top

/\ Social Security and 401ks - gone.

Yes, along with money in the bank. Cash on hand, obsolete, no good. New gov't upgraded (needs based) SNAP and ration card system coming soon.

Unable to pay mortgage to bank/gov't? Sorry, property now belongs to bank/gov't.

My fear as well.

Posted by Besoeker 2024-01-31 08:07|| 2024-01-31 08:07|| Front Page Top

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