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Why Social Security Is Doomed: "Birthrate At Lowest Level On Record"... And the Future Is Unfunded

Why Social Security Is Doomed: "Birthrate At Lowest Level On Record"... And the Future Is Unfunded

Submitted by Mac Slavo via SHTFPlan.com,

Here’s more evidence that the “recovery” never really happened, and good reason to think that the entire social safety net structure is doomed to fall apart.

The birthrate, long tied to economic growth, has been dropping to its lowest point in recorded history – both nationally and, in particular, in the state of California.

Italy Proves That Banks Are Not The Risk-Free Fantasy We're Told To Believe

Italy Proves That Banks Are Not The Risk-Free Fantasy We're Told To Believe

Submitted by Simon Black via SovereignMan.com,

In the late 1400s, the city-states of Italy were among most dominant powers in the world.

Most of the city-states had abandoned the feudal system that persisted across Europe.

So Italy was one of the only places on the continent where anyone, including foreigners, could work hard, take risks, and become wealthy.

People could start businesses and own private property– revolutionary concepts in the 1400s.

2016 Year-End Bull/Bear Debate

2016 Year-End Bull/Bear Debate

Submitted by Lance Roberts via RealInvestmentAdvice.com,

I have written over the last couple of months the market was likely to rally into the end of the year as portfolio managers, hedge, and pension funds chased performance and “window dressed” portfolios for year-end reporting purposes. As I noted in this past weekend’s missive:

Snowden Lashes Out At Congressional Report He Is Colluding With Russia

The anti-Russian propaganda launched into overdrive today with a two-for-one special.

First, the "CrowdStrike" cybersecurity firm run by an anti-Putin Russian Dmitri Alperovitch, alleged that the Russian hacking of the "elections" was similar to Russian hacking of Ukraine artillery units (CrowdStrike was the same company which immediately in the aftermath of the DNC hack also was the "experts" cited by everyone as evidence Putin was responsible for breaching the the Democrats' server).

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