Tag: treasury bonds
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Record Number of Baby Boomers Retiring in 2024 Poses Threat to Social Security Stability
As the baby boomer generation reaches traditional retirement age, a record number of retirees are expected by 2024, posing a significant challenge to the U.S. Social Security system. With fewer workers entering the workforce and an increasing number of retirees, the Social Security trust funds are projected to be depleted by 2034, leading to a…
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Exploring the White House’s Alternative Strategies to Prevent a U.S. Debt Default Without Congressional Approval
The Wall Street Journal provides insights into President Biden’s potential options to avoid a U.S. default without congressional approval, as Democrats and Republicans struggle to agree on raising the debt ceiling. The video outlines three unconventional and risky methods: minting a trillion-dollar platinum coin, issuing premium bonds, and invoking the 14th Amendment. The analysis includes…