$100 trillion Zimbabwe note, which is worth about 50 cents and if we don't change the course of entitlements, we will blow up our entire system. Greece, when they did their last restructuring, wiped out the pension value of all their pension value by 50%. So every public employee, not only are they dealing with an unemployment rate of 22.8% and a youth unemployment rate that's 25 years and younger of 52%, but now all … (43:47–44:16)
CLAIM
Asserts Greece's last restructuring reduced pension values by 50%.
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