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AROUND THE WEB

Nouriel Roubini
November 27, 2004

Social Security Privatization as the Mother of All Con-Man Smoke-and-Mirrors Shell-Games

... when you carefully look at the facts, it becomes clear that the proposed partial Social Security privatization is literally a Con Man Smoke-and-Mirrors Shell Game that - in the form it has been proposed - will not lead to any of the alleged benefits argued by its supporters. It is amazing the amount of misinformation that one reads about social security privatization...

 

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