Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (218774)	2/11/2005 12:44:24 PM
From: tejek	Read Replies (1) of 1574260

Very simple folks. Bankruptcy = when liabilities exceed market value of assets. So are you saying that at the time SS becomes 'insolvent'.......your term, not mine........that at that time, US liabilities will exceed US assets? If so, you're nuts..........bit time! I've got to believe whatever contribution SS makes to our national debt in 2042......that is the year, when the ca ca hits the fan, isn't it........American assets will still exceed liabilities. Am I right in your humble opinion? ted

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