When It Comes To The Crunch…

Does the US owe you money?

With an economy valued at a little over US$21 trillion and unfunded liabilities valued at almost US$126 trillion, how on Earth are they going to pay you?

Data from US National Debt Clock – images captured around 13.45 AEST 2019/09/03.

Note: Total US Unfunded Liability includes Social Security, (Medicare Parts A,B and D), Federal Debt Held by the Public, plus Federal Employee & Veteran Benefits. (Generally Accepted Accounting Principles) Source: US Treasury

Another question – who, or which entities, do you think is/are going to get paid first – or at all – when the crunch comes?

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