The following excerpt is from an article that originally appeared on Guns Gold Bullets
Former Fed Head Alan Greenspan Warns of Massive “Entitlements Crisis” that Nobody Is Talking About… Here’s How Savvy Americans Are Preparing…
Peter Reagan, May 18, 2017
Last January, U.S. government debt surpassed a record $19 TRILLION.
It took over 200 years to rack up the first $1 trillion in debt. But would you believe that Washington has racked up the last $1 trillion of debt in JUST 14 MONTHS?
Deficit spending is parabolic, and it’s destroying the savings of unsuspecting Americans. Former head of the U.S. Fed Alan Greenspan put it simply: “Deficit spending is simply a scheme for the confiscation of wealth.”
But while the U.S. debt is hurtling toward $20 trillion, there’s another economic time bomb that’s ticking down until it explodes…
This Is the “Economic Time Bomb” Alan Greenspan Worries About Most
Greenspan is warning of a pending “Entitlements Time Bomb.”
The problem, he says, is thatpost was originally published on this site