Andrei Jikh: a call under review

The window it was checked over

NBER-based recession indicator: Federal Reserve Bank of St. Louis via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

What was said around it

collecting benefits who are supposedly over several hundred years old which is impossible because there's only a handful of people on Earth who live past 110 so either we've got the world's first vampires or something really sketchy is going on so if the government can't even keep track of who shouldn't be collecting Social Security how do we trust them to manage the over one trillion dollar a year that goes into the system somehow some of these old Social Security numbers are still in use and here's the real kicker Social Security is projected to be fully insolvent within the next decade that means unless something changes benefits will automatically be cut by 20 to 25% across the board so imagine retiring and suddenly losing a quarter of your income overnight that raises the question who's cashing these checks how did it get this bad and will Social Security be around much longer I want to help explain Social Security's biggest scandals why it's running out of money whether it's secretly a Ponzi scheme and most importantly what's about to happen next so with that said let's get into it hi my name is Andre J hope you're doing well come for the finance and stay for Social Security Now Social

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