Smashing the Social Contract: Pensions Broken, State Budgets Breaking, Social Security Gone

Edward Dowd: "What you're seeing is that the social contract has been broken; 95% to 99% of the world doesn't know that yet, and they're scrambling to provide excuses as to why that social contract is gonna be broken. And what I mean by that is pensions broke, Social Security gone, state budgets breaking ... it's gonna start away from the U.S. at first, and then it's gonna spread globally."

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