Tuesday, June 23, 2009
Social security - when does the system go bust
When I see clips like this from Marketwatch, it reminds me how much more sophisticated the policy debate is in the United States. This clip examines the likely date when the US social security system drifts into the red.
Here in the UK, the vast majority of people are blissfully unaware of the rapidly approaching pensions crisis.
Labels:
UK,
UK banking,
UK economy,
US economy,
US housing bubble
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