Please explain how a Ponzi Scheme with a declining pool of suckers to contribute to it, and "winners" who don't even contribute to it can survive longer than 60 years...
Without some kind of a change.
Yep, Treasuries, I.O.U's, a share of the national debt. When the debt is called there are 3 basic places to get the money. 1- Print more, create runaway inflation. 2- Sell off National Properties, (ie.. real estate will be on fire sale.) 3- reduce benefits. All three will have a drastic impact on the economy.
The guy that wrote this is an idiot, plain and simple.