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Strategies & Market Trends : The coming US dollar crisis
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To: GST who wrote (17489)2/9/2009 10:15:45 PM
From: JBTFD  Read Replies (1) of 71456
 
I understand why people refer to it as bankrupt. It is an incorrect assertion. It will become bankrupt at such time as it takes in less than it is paying out. We have not hit that point yet so it is not bankrupt.

I don't think anyone familiar with social security denies that it will need to be revamped.

But to falsely characterize it as bankrupt does nothing to help the dialog.
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