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Rebel Capitalist News

Government Just Released Terrifying Social Security Report

Rebel Capitalist News

George Gammon

Thrive, Wealth, Gold, Finance, Macroeconomics, Education, Protect Wealth, Real Estate, Learn, Business, Investing, Government, Economics, How To

4.71K Ratings

🗓️ 19 June 2025

⏱️ 21 minutes

🧾️ Download transcript

Summary

If you want to earn a yield on your gold, check out https://www.monetary-metals.com/gammon/Whiteboard explaining monetary metals https://youtu.be/lw9crPfbAyI✅Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/pro✅Rebel capitalist merchandise https://www.rebelcapitaliststore.com

Transcript

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0:00.0

Hello, fellow Robo Capitalists, hope you're well.

0:02.0

So the government just came out and released a report regarding social security payments.

0:08.9

I think everyone needs to pay attention to this.

0:12.2

I think most Robo Capitalists know that the security fund is going bust very quickly,

0:17.2

but I don't think people realize how urgent this is and why we should be concerned

0:24.3

with the fact that the Social Security payments or the Social Security Fund itself is going

0:32.0

bust in the United States. It's kind of a slow-moving train wreck, but it's getting quicker,

0:37.4

faster, faster, faster,

0:38.3

and faster. And I think it's something with all the other headlines in the mainstream media

0:44.6

with what's happening in the Middle East, with what's happening with the Fed, what's happening with

0:48.5

tariffs, that we kind of forget, oh yeah, all these payments that are due to all these retirees,

0:56.4

they might not be there.

0:59.2

And if they are there, what does that tell us about government spending at large?

1:04.3

And what does that tell us about the impacts on the overall economy?

1:07.6

I think that's the main takeaway here.

1:09.4

So let's go over to CNBC. Then we're going to go into

1:12.5

this report specifically that outlines the details. So right here, CNBC, headline Social Security

1:19.8

Retirement Trust Fund may be depleted in less than a decade. Now, you say, oh, George, that's 233, they're saying, or 2034. Who cares?

1:31.2

What you need to realize is every single year they come out with this report, their time frame in which the social

1:41.7

security payments, or some of them will run out or not be able to be made decreases.

1:47.7

So as an example, the report last year said the D-Day, if you will, was 2035.

1:54.0

And then this year it goes down to 233.

...

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