By Scott Burns
In our economy, the most important asset isn’t actually an asset. It’s not something you own. It’s a variety of promises that our government calls an entitlement. Some call it virtual wealth.
But most of us call it Social Security.
It’s the biggest asset most Americans have. It looms larger than any other asset on what the Federal Reserve Bank calls the household balance sheet. Just how much larger will amaze you. Try $134.3 trillion. (As you will soon see, that’s far larger than the net worth of every household in America.)
Read the Full Article at www.dallasnews.com >>>>
ATTENTION READERS
We See The World From All Sides and Want YOU To Be Fully InformedIn fact, intentional disinformation is a disgraceful scourge in media today. So to assuage any possible errant incorrect information posted herein, we strongly encourage you to seek corroboration from other non-VT sources before forming an educated opinion.
About VT - Policies & Disclosures - Comment Policy
Due to the nature of uncensored content posted by VT's fully independent international writers, VT cannot guarantee absolute validity. All content is owned by the author exclusively. Expressed opinions are NOT necessarily the views of VT, other authors, affiliates, advertisers, sponsors, partners, or technicians. Some content may be satirical in nature. All images are the full responsibility of the article author and NOT VT.
