Tag Archives: Sweden

That is the setting as I see it. It is not a nice setting, but it is a setting that is about to overwhelm the American people. You see MSNBC gives us (at https://www.msnbc.com/opinion/msnbc-opinion/social-security-funding-shortfall-trump-rcna214505) less then 4 hours ago ‘Social Security’s crisis is a year closer — and Trump’s approach will make it worse’. Now before I go any further, this is an opinion piece. Not something that MSNBS journalists have ‘figured’ out. It does come from By James Downie, MSNBC Opinion Editor. As such it does seemingly been considered safe and true (whatever that means nowadays). I always saw this coming well over 5 years ago. But now we get “The Social Security Board of Trustees said last week that the program’s combined trust funds will run out of money in 2034 — one year earlier than was projected in 2024” I’ll be in my 70’s at that point and likely in a similar state. But the setting that this is coming is clear. I reckon that in 2-3 years it will be set to an end of funds mark of 2032. This is not presumption. It is mere speculation as tourism in America is taking a nosedive to losses in excess of 21 billion. Consider how many small businesses will be hurting around 2027 and these people will draining the social security finds even further. So, as we are given “Though Social Security counts over 73 million people as beneficiaries, the news went largely unremarked in Washington. And to be fair, there’s been a lot going on. But soon enough, Social Security will face a funding crisis — and President Donald Trump’s approach will only make matters worse.” You see, no matter what the turnaround will be. People in the Commonwealth and EU have had enough of American ego tripping as it comes without value for their travel tickets and they are now (read: next year and 2027) opting for Paris (Disney), Abu Dhabi (WB and Disney), Tokyo (Disney, WB) and a few other places. All theme parks in America will feel that impact, so staying in denial will not help. And it isn’t merely theme parks in this China is also making waves, as we are given “Yabuli’s ski tourism resort received over 1 million tourists by February 11, an 18% increase compared to 2024” 18% is a lot and it is getting stronger for China as many of the tourists shunning America will try Yabuli, China. In this even Canada will feel that pinch as the most common complain for Whistler has been long lines. People love British Columbia and they love the Canadians. It is just those massive waiting lines and that will need fixing (merely my view on the matter). I cannot say how good Yabuli is as I never been to China, but the food at the Chinese restaurants are delicious, as such I reckon they might be in China too.

And as we are given “When Trump and his allies do talk about Social Security, they say they’re going after “waste, fraud and abuse.” In his address to Congress this year, Trump repeated claims about Social Security going to “millions and millions of dead people” — claims debunked by his own Social Security Administration. The SSA’s acting inspector general reported in February that overpayment of benefits averaged $3.4 billion per year for the last four years. For context, the cost of the entire program in 2024 was nearly $1.5 trillion.” As such there is a lot wrong in this caper. As such we might see overspending in the wrong items, but the larger setting could be seen as “First, a bit of a background: Social Security is (primarily) a pay-as-you-go system — payroll taxes on today’s workers fund benefits for today’s retirees. From 1983 — the last time the program’s finances were overhauled — until 2021, Social Security took in more than it paid out.” This is as I see it in part due to the lack of overhauling the tax laws. Taxing the rich will not help here (it never did) but the tax systems needed an overhaul and that wasn’t done and as we see that this system is paying out more than it is bringing in shows that essential need. I predicted this (on other facts) close to twi decades ago and this was an element I never drilled into. So how were the lawmakers and the administrations that were active between 2001 and 2020 looking at? How did they miss this and gave the tax cuts to all the FAANG members and more? Because that is the essential coins that are missing at present. These lawmakers drove the American systems to bankruptcy (as I personally see it) and that is merely the start of a massive wave of mismanagement. It is nice to blame President Trump, but he is merely a factor, I agree a non-helping factor, but the people behind these laws have a rather nasty large responsibility here and as I wrote before. They were not doing the job they seemingly signed up for.

As such a lot needs to be done and we might think it will be the border patrol barring people from entry as they have a Vance meme picture (a case of a Norwegian tourist) but that one tourist is making all of the Norwegian tourists resetting their vacation and that amounts to a lot. We might not have exact numbers, but the last setting was that 58% travel abroad, at least once a year and a massive amount of them will not be going to America. This might just be 3 million of them, but these millions affect millions of other Europeans and as the Swedes and Danes look at their Norwegian brethren it suddenly amounts to an additional 10 million seeking other destinations. And as such I reckon that before November we will be given a number that will look disastrous against the $21,000,000,000 predicted now. And these people will all tweet, X or tickets tock it all on social media and that amounts to a lot more than America will be comfortable with and as the ‘rigorous’ seeking social media of the arriving tourists continues, more nations will drop America for a better deal. As such as we see that still happen in Q4 2025 America will lose whatever tourists they thought they had and this is undeniable. As the media loses more and more credibility, the fake news spreaders will keep the American arrival halls even more empty. A setting that hasn’t ever happened. The dream location that used to be America will become another place. These two are connected. It isn’t merely what funds the SSA will be missing out on, the setting becomes that “More than four million people will turn 65 in 2025. It’s a phenomenon known as Peak 65. It also means a lot more people are getting ready to retire. Financial advisors said that makes saving for retirement an even bigger conversation.” And at present there is every indication that a lot of them will not be bringing in funds to the SSA, as such the shortfall for the SSA increases and that is only looking at tourism. All connected businesses will suffer. Theme parks, B&B, small businesses who rely on tourists and that list goes on. So, consider that 11% less tourists are taking taxi’s or public transport. How much will these two suffer? This isn’t merely a ripple effect, it is ripple upon ripple upon ripple. And that is showing to be waves of damage. It is a vicious circle that impacts all businesses in America. 

So as some might realise that the impact is a lot worse than expected, consider al the downfall it will bring to the SSA (Social Security Administration) and that might give you the show that the telling that the Sea runs out of money in 2034 might seem optimistic and that gets us to the loss of additional years. As such 2032 might still seem optimistic, and I could agree, but there are other factors. You see, whomever replaces him in 2028, might have other numbers but there is every chance that at that point it will be too late. For the simple reason that you cannot fuels the SSA in three years and that gets us to the prediction I made around 2015. I am not an economist, but I saw this happen at that point and that was before I knew what a dangerous situation the SSA was in. So, do you still think I saw it wrong? It’s OK if you do and if you do not agree with my assessment, that is fine too. You shouldn’t just trust me (or anyone else for that matter) as such you need to ‘rely’ on whomever you trust. I am merely telling you what I saw and when I reported it and that is a timeline you can use to rely on me, or to debunk me. Both are equally valid as I see it and I don’t make any claim of having the better truth. I can be show the wrong facts and I tend to use the media with links, so you can make up your own mind. I merely see (in this case) that MSNBC is giving me a similar setting that I predicted using very different facts. As such I feel validated, but the term validation is a stretch, I know that. So make up your own mind and as these facts are shown to be true and America could go from bad to worse, consider where you and your family are and where you might end up. 

Have a great day and consider having a lovely time today. As I personally see it, good days are seemingly becoming harder and harder to come by.