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For those who unfairly lump Social Security in with Bernie Madoff.

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Difference Fairness Lump Pay Security Social

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It means the US can’t borrow with ‘exorbitant privilege’ anymore.
ADDISON WIGGIN

Anand Thakur
No one was ever legally required to pay money to Madoff.
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Essentially would be the death knell to the US Dollar as the reserve currency.
ADDISON WIGGIN

Country Currency Death Dollar Essential Knell Reserve
Counting obligations under Medicare and Social Security.
ADDISON WIGGIN

Anand Thakur
And it means the US Treasury market is set for an out-of-control interest rate spiral.
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Anand Thakur
In all fairness, you should point out the difference.
ADDISON WIGGIN

Difference Fairness Out Point
For those who unfairly lump Social Security in with Bernie Madoff.
ADDISON WIGGIN

Difference Fairness Lump Pay Security Social
The petroDollar system breaking down, where oil is no longer paid for in Dollars internationally.
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The real debt of the United States is more than 10 times the reported national debt.
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