Government Debt Bubble Is Based On Credit Theft

In many localities the residents know that teachers, firemen and policemen collect pensions. But until recent years they often did not know how much money was involved in these pensions. What is worse is that they do not know that most of the money these public servants will receive in their pensions has to be paid for by the residents. It is not paid for with contributions made by the government employees themselves.

Government Debt Bubble Is Based On Credit Theft

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