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I’m far more concerned about the deficit than World War 3 [Podcast]

Schiff Sovereign Podcast

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The Looming Social Security Crisis

This chapter explores the urgent problem of the U.S. Social Security deficit, predicting a 23% benefit cut by 2033 if reform is not implemented. It examines the trust fund's reliance on IOUs rather than cash and the demographic shifts that have contributed to its deficit. The discussion emphasizes the need for immediate action and potential solutions to avoid significant financial repercussions for retirees.

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