Torque

If the United States or Japan experiences a sharp rollback in investment or current-account performance in the foreseeable future, a social services collapse could ensue, leaving each nation's pension system exhausted in the very short term of one to two years.

The world is in completely uncharted territory due to its fatally flawed reliance upon public welfare in the absence of privately held wealth. Any opinion of confidence in this degree of jeopardy is entirely without merit, theoretical or spiritual. Data: 24 May 2019