What can be realistically done about the Pensions Ponzi Scheme???
PONZI PENSIONS
Juan Ortiz
Elijah Roberts
if you are young , buy bitcoi now that it´s low and let if fall , if you are old , enjoy working clean toilets for ahmed and geting paid with an hiperinflation economy with the disaster you made.
Buy btc now that the jap has stopped selling the mtgox recovered bitcoins and that morons that sold at 20k are finally selling.
Carter Martinez
Bitcoin will be $ 0.01 by 2019.
Logan Powell
trust me it´s not , at the moment the use of bitcoin has reached a ridiculous level.
For example freelancers from memezuela , buy amazon gift cards then exchange them for btc , then relay the money back to their commie country evading all communist confiscation rules.
Bitcoin is low due to the january fiasco caused by late segwit adoption and mtgox jap selling.
Bitcoin is going to 20k easily this year if not more.
Pension systems on the other hand have begun to collapse , all over south america and europe and soon all over the world.
The us is the only country moderately protected against this due to their system but it´s still fucked by demographics.
Europe and south america pension systems are about to collapse.
Austin Bell
Pensions need to be replaced with a 401k style retirement plan that is personally managed.
I say this as a liberal
States and governments have proven without a shadow of a doubt that they cannot manage pension plans.
Jack Brooks
yes but in the meantime we are forced to pay for pensions with our taxes
Angel Miller
They need to be phased out
We will pay existing pensions with taxes but new employees should be given a 401k with employer match and that's it. Once the baby boomers start dying out, the pension payments will start going down as well and it will be more manageable.
Colton Smith
>a 401k
can you explain what this is to me?
Oliver Baker
It's not though. What are you basing that on? Media? You should know better by now. Bankers wanted in, so they're in full accumulation mode. You buy now, while the market is dead - not when it's going up. Same as any market.
Or don't. Stay poor I guess.
Nathaniel Ramirez
It isn't a Ponzi scheme.