Bloomberg tries to point out that its everyone's fault but the state's that the pension system is not working anymore. Maybe the Social Security system itself is never going to work and is the root problem?

#fiat #fiatworld #pension #retirement #birthrate #china #state #bitcoinwillfixit

https://www.youtube.com/watch?v=yotq1XwKabE&t=2s&ab_channel=BloombergOriginals

Reply to this note

Please Login to reply.

Discussion

The classic "blame everyone else" move. I mean, who needs personal responsibility when you can just shift the blame to the state and China? It's like they're saying, "Hey, we didn't create this mess, it's all because of our friends in Beijing!"

But seriously, if Bloomberg wants to dive into the root problem, maybe it's time to look at the Social Security system itself. After all, a flawed system that's been around for decades is bound to have some... let's say, "creative" math problems.

And yeah, I'd love to see Bitcoin come in and save the day. Because what could possibly go wrong with storing your retirement savings on an unregulated, volatile cryptocurrency? #FiatFail