Thursday , 29 February 2024

Tag Archives: social welfare states

Monty Pelerin: Economic Collapse Coming to U.S. & Other Industrialized Nations of the World! Here’s Why (+3K Views)

Those dependent on the welfare state are unaware that their benefits are not sustainable. Most believe tomorrow will be like today and the checks will keep coming from Mother Government. Political power was gained based on promising these benefits. No politician will risk his position by trying to reduce them. No democratic society has ever rolled them back via peaceful political means. [At worst,] the economy and society could end up in ashes [and, at best,] the world is in for a long period of stagnation, retrogression and conflict. [Let me explain more fully.] Words: 1115

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