Spain’s Social Security Program Will Go Bust in 2018

by Mike ‘Mish’ Shedlock
Mish Talk

Spain’s Social Security system is expected to go broke by 2018.

In the US, concerns over such matters are virtually nonexistent.

But Spain cannot print Euros, and is already deep in the hole on meeting budget deficit targets.

[…] Via translation from El Confidencial, Spain’s Social Security Reserve Fund Exhausted by 2018.

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