I’ve alluded to my long-term guess that the US Government will default on many of its current promises.
But, I’ve never really supported that argument.
I thought I’d kick that support off today by sharing with you a succinct and coherent description of the problem by reading Professor Laurence Kotlikoff’s testimony to the Senate Budget Comittee in 2015.
- America’s Fiscal Insolvency and Its Generational Consequences: Testimony to the Senate Budget Committee http://www.kotlikoff.net/sites/default/files/Kotlikoffbudgetcom2-25-2015.pdf
- Support Radical Personal Finance on Patreon! www.radicalpersonafinance.com/patron