The aging population gave the government almost half of their money for 50 years to reach the freebie-pension level. My mum for example is getting enough to not have money by the 20th of the month. For this privilege she paid her taxes and other contributions for her entire life.
Discussion
Your mum participated in a ponzi scheme. Unknowingly, most people don’t understand this, but that’s what this system is.
Retirement needs to change. We need to return to multi-generational family living where the grandparents are heavily involved with the kids and the parents are being productive for the generations below and above.
We cannot fund these statist ponzis, and we shouldn’t be handing kids over to the state for indoctrination - that means being productive and not allowing the State to soak up all our wealth for their bullshit schemes any more. It’s already unsustainable, the sooner we break it the sooner we can get about to fixing it.
Shawn just posted a good article by James Lavish which details the fiscal problems: nostr:note13zjfg3zrj4xl88mk4z9w4287jmpfkhuykqrwn64qg5f8v9hn000sdx44gs
She did and while I was travelling she used to tell me how Germany has the strongest social network in the world and how nobody is ever left behind or not being looked after. This is one reason why the Government has lost its right to collect tax from me. I need my own money myself to support my mother.
Multigenerational family living sounds like a socialist nightmare to me. F that business.
What you get from that is a bunch of little emperor turdbags with grandma hoping she don’t get kicked out.
I’m not saying the current retirements schemes are not ponzies or don’t have a solution but I sure as hell don’t think it’s hoping the grandkids take good care of you.
"We need to return to multi-generational family living where the grandparents are heavily involved with the kids and the parents are being productive for the generations below and above."
💯 Families are the best safety net.
🫂