ilmscore | Prediction Details
"there's no money in fact these phony Social Security trust funds the way the trust funds worked is the government would collect Social Security taxes then pay out the benefits and if there was any money left over the government borrowed it out and and put an IOU in the trust fund a Government Bond so any extra money that was left over the government just spent it on other programs so there's no money there the government took it all"
By Minority Mindset | April 23, 2024 | Pending
From video
ECONOMIST WARNS: A Great Depression Is Coming In America | Peter Schiff x Jaspreet Singh 01:03:32 - 01:03:59
Interpreted Prediction
The Social Security trust funds are depleted; any surplus funds were borrowed by the government and replaced with IOUs, meaning there is no actual money remaining in the funds.

Prediction Details

Topic
Social Security

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