The Next Crisis that Washington Won’t Touch

| April 26, 2017

Former Fed Head Alan Greenspan Warns of Massive “Entitlements Crisis” that Nobody Is Talking About… Here’s How Savvy Americans Are Preparing…


Peter Reagan, April 27, 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 that welfare programs like Social Security and Medicare are legal entitlements that have nothing to do with real-world economics.

When somebody reaches a certain age, they are legally entitled to benefits – whether the government is able to pay for them or not. And right now, the government doesn’t have the means to pay. Greenspan says…

“I don’t know how it’s going to resolve, but there’s going to be a crisis.”

How can one be so sure about a coming crisis? Well, if you look at the numbers, it’s a mathematical certainty: Since 2010, Social Security has been paying out more than it has collected in taxes. And as millions of Baby Boomers retire, the shortfall gets even bigger.

You Can’t Count on Washington to Address This Crisis

Our elected officials aren’t doing a thing to avoid this fast-approaching catastrophe. Greenspan says:

“Entitlements are considered the third rail of American politics. You touch them and you lose. Republicans don’t want to touch it. Democrats don’t want to touch it. You will never hear one word from either side.”

Since Washington won’t deal with the problem, the U.S. is like a high-speed train flying towards a solid brick wall. Upon impact, there will be financial carnage at every level – from big government down to the average retirement account.

Are your savings protected from what’s coming? Do you even know how to prepare?

If you have an IRA or 401(k), here’s one way to prepare (before it’s too late)…

To preserve your wealth, Greenspan offers one simple piece of advice: Gold. In short, he says, “Gold stands in the way of this insidious process [wealth confiscation].”

And one of the best ways to move into gold and silver is to convert your IRA or 401(k) into a “Self Directed” Gold IRA.

Right now, you can click here to join the thousands who have already begun to safeguard their retirement savings with gold.

Get a free info kit on gold here. There is ZERO cost and ZERO obligation to you to make this request – we’ll even pay for shipping.

This comprehensive, 16-page “insider’s” Kit on gold reveals precisely how this IRS Tax Law works, and how you can start moving your IRA or 401(k) as soon as today… without paying any taxes on the transfer. It’s all explained in this free info kit on gold.

Remember, no matter what happens to entitlements and our economy, gold is a time-tested and proven way to protect your savings through good times and bad. To get started, click here to get this free info to protect your savings.


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  • Karen

    How the HELL can Greenspan say that Social Security and Medicare is WELFARE??? Does this idiot (Greenspan) not realize that the people who are eligible for SS and Medicare ACTUALLY PAID FOR THIS? It was taken out of every check of every taxpayer every payday! This “entitlement” requires that a person must have WORKED and PAID into the system and be a certain age to even be eligible to draw SS! It is NOT a FREE HANDOUT like welfare which is not regulated by age nor “WHAT YOU PAID INTO THE SYSTEM”!! So don’t BLAME the ECONOMIC DEFICIT on Social Security and Medicare “entitlements”! Blame it on the government STEALING those “retirement entitlements” to pay for other wasteful spending that they never REPAID back into the SS/MEDICARE fund! You people are quick to blame SS/Medicare (old people who worked to support this country) for all the deficit problems, while giving away free(unearned) income to these ILLEGAL aliens equating into the billions of dollars! Yet you want to reduce SS/Medicare so you and bring in more ILLEGAL aliens and support them for life!! Wait until all these younger people, who have worked to support this country and PAID into the SS/Medicare system and you refuse to allow them to get paid what is due them!! You think you have problems now? When you deny them what they paid for the SWHTF!! WAKE UP AMERICA!! STAND UP FOR THE OLD PEOPLE WHO WORKED AND MADE THIS COUNTRY GREAT!! PS: You will be that “old person” one day!!

  • The Redman

    Dem white-folks in Washington won’t touch inbreeding.