SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (92962)7/27/2012 8:11:21 AM
From: TobagoJack1 Recommendation  Read Replies (1) | Respond to of 217551
 
trimming entitlement is tricky, as the romans found out later in the game of entitling

entitlement slashing, when entitlement flow accounts for 60-70% of the annual flow, would be a lot like doing open heart surgery on a 99-years young man who also suffers from other complications such as but not limited to diabetes, anemia, liver failure, etc etc, iow i cannot think of a single case of systemically sustainable success - layer-in stuff like eventually rising interest rate, ethnic this and that, classes whatever else, intergeneration grumbling, etc etc, and worst of all, systemically incapable leadership selected via coke-n-pepsi mob rule - think india

also, remember, one man's entitlement is another's tax, and in a 1 vs 99, 2 vs 98, 3 vs 97 ... 50 vs 50, complications arise

early days, as there is not even a recognition of the issues, given the highest leadership preaches "debt does not matter", so i am figuring more like 14 years as opposed to 72 months

folks sometimes make the error in thinking that my macro posts are politically / geopolitically biased, whereas all i am doing is math, physics, and chemistry, iow, hard science

let us watch n brief