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US embraced borrowing at levels which are dangerous to entire world, analyst warns

Sputnik -  |  April 28, 2021

By “Sputnik,” cites our recent Financial State of the Union report, and includes “… The estimate cited above is likely overblown in that payments to retirees are offset, to a substantial degree, by contributions made by employers and by employees,’ suggests Wall Street analyst and investigative journalist Charles Ortel. ‘At some point, politicians will be forced to raise contributed amounts or the social security system will collapse, endangering and infuriating the powerful group of engaged voters who are retired or who are soon to retire.’ …” (Note: Hmm)

Read the full article on: The Nation (Pakistan)

 
 
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