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Acropolis => Aggregator => News, Pages, Commentary => Topic started by: Pallas_Boreas on 2026-Nov-12, 21:25:35

Title: Social Security Will Collapse In 2029. Here’s How To Prepare
Post by: Pallas_Boreas on 2026-Nov-12, 21:25:35
QuoteWhy America Is Heading For 100-Year Financial Reckoning

You've watched Washington spend the last 50 years buying votes.

Every year, it promised more, mostly in retirement and medical benefits. But... the government never paid for this largesse. It simply borrowed more and more.

Remember the debt ceiling? All a lie.

Fifty years ago, in 1976, the federal government spent $372 billion. In the fiscal year that ended on September 30, it spent $7.4 trillion: 20 times more. Even after inflation, Washington spends three times more than it did when Gerald Ford was president.

Has your life gotten 3x better? Or only 3x more expensive?

Link: https://www.zerohedge.com/news/2026-11-11/social-security-will-collapse-2029-heres-how-prepare (https://www.zerohedge.com/news/2026-11-11/social-security-will-collapse-2029-heres-how-prepare)