SOCIAL SECURITY PONZI SCHEME CRUMBLING: 25% Benefit Cuts Or Tax Hikes Soon
When will there be too many people getting benefits and not enough paying in? Here’s that answer and more…
Continue readingSocial Security crisis
The Mixed Blessing Of Falling Birth Rates
Falling birth rates seem to be the new normal. That’s a mixed blessing, and it really matters for Baby Boomers in retirement and the elderly. Here’s why…
Continue readingThe Social Security Black Hole Has Arrived
President Donald Trump has repeatedly said that cuts are not on the table…
Continue readingSimon Black: Social Security Will Cross Another Dangerous Milestone Next Year
The Social Security Administration says that it needs a MINIMUM of 2.8 workers paying into the system for every one retiree, however…
Continue readingSURVEY: One In Four Seniors Wish They Had Taken This Basic Financial Advice Sooner In Life
It’s only natural that the majority of people find themselves wondering at some point in their lives, “Should I…
Continue readingJust Released: Social Security Earned A Pitiful 2.8% On Your Money
Simon Black says the trust funds don’t have enough money to keep the programs going, at least under the current promises. Here’s more…
Continue readingAmerica’s Forced Financial Flight: Fleeing Unaffordable And Dysfunctional Cities
The forced flight from urban regions is as yet a trickle, but watch what happens when a recession causes widespread layoffs in high-wage sectors…
Continue readingDO NOT Be Fooled: THIS PROBLEM Is 10,000 Times BIGGER Than The Border Wall
There’s a big fight (and a shutdown US govt) over the funding for a wall, but Simon Black says this problem is 10,000 times bigger than the wall…
Continue readingThree Strikes Against Social Security’s Already Dismal Batting Average
Social Security is going broke. The government administration already has a dismal batting average, and now this happens. Here are the details…
Continue readingOpen Corruption, Banana Republic Style: No Wonder So Many US Pension Funds Are Insolvent
Pension funds in the US are in terrible financial shape to begin with, and then stuff like this happens with this state’s pension fund. Overt corruption…
Continue readingLynette Zang: Social Security WILL NOT Survive The Reset
Lynette Zang says that Social Security will not make it through the reset in its current form. Here’s why…
Continue readingSilver’s Plunge Last Friday Afternoon Was Caused By The Selling Of PHYSICAL Silver NOT PAPER
Keith Weiner provides a “forensic look at the intra-day action on Friday”, and this is what he found…
Continue readingThe Volcano Of Debt – Craig Hemke
“as gravity propels the lava from Kilauea inexorably toward the sea, a mountain of public and private debt looms over today’s markets.” Here’s the details…
Continue readingMuch Sooner Than Expected: Medicare Will Be Insolvent By 2026 And Social Security To Follow
“Closing the gap would require an immediate hike in the payroll tax of 2.78% to 15.18% or an immediate reduction in current benefits of…”
Continue readingU.S. Healthcare Isn’t Broken – It’s Fixed (As In Rigged)
“If you want to understand why the U.S. healthcare system is bankrupt, financially, morally and politically, then start with…”
Continue readingAmerica’s Silent $6,000,000,000,000 Crisis With No Solution In Sight
“From Portland to Portland, Lake Superior to the Mexican gulf…American pensions are wrecked upon the rocks of actuarial fact.”
Continue readingThis Won’t End Well: Only 2 In 5 Americans Can Spend Less Than They Earn
Delinquency rates are rising, and it’s not just individuals who can’t live within their means. Here’s the details…
Continue readingThe Real Retirement Crisis Is That The Elderly Are Broke
“older people planning their retirement have cause for concern. Forty-two percent of Americans are facing…”
Continue readingSocial Security Proposes “Immediate And Permanent Reduction” In Benefits
Simon Black says “these aren’t just random people…We’re talking about politicians at the highest levels of government who are telling us…”
Continue readingThe US Government Is About To Lose Its #1 Lender
This isn’t supposed to be happening…
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