The Ponzi scheme will collapse.
No one wants to call it that, but it is. Expect to hear howls of rage as the retired folks say “I want my money!”
I'm not a Rick Perry fan, but he was right on point with respect to Social Security being a Ponzi scheme. But unlike most Ponzi schemes, this one is being held up by the Feds AND it has a powerful constituency behind it, so it remains to be seen if it will collapse of its own weight.