I feel bad for people who were told to buy bonds by the "experts" for so long. They thought they did the right thing.
It must be painful.
Collectively, unfunded liabilities are more than 6.2x larger than our national debt. When broken down to the level of the citizen, each US citizen would need to cough up $643,535 to cover these liabilities.
These unfunded programs are Ponzi Schemes.
https://www.tftc.io/the-elephant-in-the-room-unfunded-liabilities/
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