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March 07, 2017, 02:01:03 AM
 #141

The pension system is an unsustainable ponzi scheme, on the edge of collapse with such low bond interest rates.

This is my primary concern. The governments have withdrawn money from the pension fund, for other purposes such as foreign military invasions. But as the lifespan increases and the number of retirees rise, the pension handouts also need to increase. The only question is for how long it is going to remain viable.

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Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
May 31, 2022, 08:28:59 AM
Reply with quote  +Merit  #2
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March 07, 2017, 02:06:37 AM
 #142

The governments have withdrawn money from the pension fund,

No they havent, in the US maybe ,but in other countries, the nr 1 gov expenditure is Social Security by a large amount.

In Europe most countries only spend 1-2% on the military. Rest of it goes for Pension & Communist Healthcare programs.



It's a Ponzi Scheme either way, the way it is setup. It doesnt matter how much you pour into it, the entire concept of a Pension is a ponzi scheme.

Now if the money is allocated from your own capital, then that is another issue. But for that we need to eliminate inflation, because if the inflation is bigger than the % return on investment, then it sucks fat dick either way.

If the TRUE inflation rate is 7-8% which it is in the EU, and the bond pays you a -1% or whatever, well that is a 9-10% deficit.

With this pace in 3-5 years the system will collapse. So get ready for a new financial crisis and more austerity.

Don't blame the pro-austerity politicians, blame the leftists who fooled people into thinking that the concept of Pension in an inflationary system was a good idea. It's their fault.


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March 07, 2017, 02:24:52 AM
 #143

I wouldn't say 3 to 5 years, but within the next decade.
The major concern is that people who is voting for a living, once the state has to cut their freeloading, riots will emerge everywhere.

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March 07, 2017, 04:40:26 AM
 #144

I wouldn't say 3 to 5 years, but within the next decade.
The major concern is that people who is voting for a living, once the state has to cut their freeloading, riots will emerge everywhere.

There should be an equilibrium between the state revenues and spending. The state can only spend the amount which it receives as revenue from tax receipts and dividends. Imagine what will happen if this equilibrium is lost.

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Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
May 31, 2022, 08:28:59 AM
Reply with quote  +Merit  #2
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March 07, 2017, 04:44:12 AM
 #145

It is because of the Philippine President there is the new world order. Check out the philippines it will blooming now just like singapore which is on track. Thanks to japan and russia for helping philippines to be part on the geopolitics. Russia and Japan save Philippines from vain and pain. People and government have now a freedom. And the people are now discipline.
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March 07, 2017, 05:15:16 AM
 #146

It is because of the Philippine President there is the new world order. Check out the philippines it will blooming now just like singapore which is on track. Thanks to japan and russia for helping philippines to be part on the geopolitics. Russia and Japan save Philippines from vain and pain. People and government have now a freedom. And the people are now discipline.

Seems like a millennial. Nothing like that is happening right now. I thought this generation hates the media? Japan is been helping Philippines eversince, not just today. Lets just hope that Philippines won't forget its debt of gratitude to all country just because communist neighbors are donating something.

Philippines is still far from those that are mentioned by OP.

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March 07, 2017, 05:59:24 AM
 #147

It is because of the Philippine President there is the new world order. Check out the philippines it will blooming now just like singapore which is on track. Thanks to japan and russia for helping philippines to be part on the geopolitics. Russia and Japan save Philippines from vain and pain. People and government have now a freedom. And the people are now discipline.

New world order because of the Philippines? What sort of absurd logic is this? Philippines is a minor player in the world politics. They can't be compared to the super-powers. And also, Singapore is the financial capital of Asia. Philippines is no way near Singapore in economic strength.

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Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
May 31, 2022, 08:28:59 AM
Reply with quote  +Merit  #2
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March 07, 2017, 01:25:51 PM
 #148

I wouldn't say 3 to 5 years, but within the next decade.
The major concern is that people who is voting for a living, once the state has to cut their freeloading, riots will emerge everywhere.

It doesn't have to be that way, but people always vote for the shitty candidate.

https://steemit.com/freedom/@profitgenerator/voluntary-state-blueprint-for-a-free-society

I wouldn't say 3 to 5 years, but within the next decade.
The major concern is that people who is voting for a living, once the state has to cut their freeloading, riots will emerge everywhere.

There should be an equilibrium between the state revenues and spending. The state can only spend the amount which it receives as revenue from tax receipts and dividends. Imagine what will happen if this equilibrium is lost.

What planet are you living on? Every single government on the planet spends more than they receive. They are building a debt-ponzi scheme.

Hello?

http://www.nationaldebtclocks.org/


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March 07, 2017, 01:33:06 PM
 #149

I wouldn't say 3 to 5 years, but within the next decade.
The major concern is that people who is voting for a living, once the state has to cut their freeloading, riots will emerge everywhere.

It doesn't have to be that way, but people always vote for the shitty candidate.

https://steemit.com/freedom/@profitgenerator/voluntary-state-blueprint-for-a-free-society

I wouldn't say 3 to 5 years, but within the next decade.
The major concern is that people who is voting for a living, once the state has to cut their freeloading, riots will emerge everywhere.

There should be an equilibrium between the state revenues and spending. The state can only spend the amount which it receives as revenue from tax receipts and dividends. Imagine what will happen if this equilibrium is lost.

What planet are you living on? Every single government on the planet spends more than they receive. They are building a debt-ponzi scheme.

Hello?

http://www.nationaldebtclocks.org/
The state is like a big business. They can't exist without credit. Another thing is that the business can go bankrupt and cease to exist, and the government announces a new debt default takes and continues to exist on.
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March 08, 2017, 06:52:45 AM
 #150

I wouldn't say 3 to 5 years, but within the next decade.
The major concern is that people who is voting for a living, once the state has to cut their freeloading, riots will emerge everywhere.

It doesn't have to be that way, but people always vote for the shitty candidate.

https://steemit.com/freedom/@profitgenerator/voluntary-state-blueprint-for-a-free-society

I wouldn't say 3 to 5 years, but within the next decade.
The major concern is that people who is voting for a living, once the state has to cut their freeloading, riots will emerge everywhere.

There should be an equilibrium between the state revenues and spending. The state can only spend the amount which it receives as revenue from tax receipts and dividends. Imagine what will happen if this equilibrium is lost.

What planet are you living on? Every single government on the planet spends more than they receive. They are building a debt-ponzi scheme.

Hello?

http://www.nationaldebtclocks.org/
The state is like a big business. They can't exist without credit. Another thing is that the business can go bankrupt and cease to exist, and the government announces a new debt default takes and continues to exist on.
If he started it, then what is his sequel? I think that he does not even think about the second line. Its second time people will not choose.
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March 09, 2017, 08:08:09 AM
 #151

I wouldn't say 3 to 5 years, but within the next decade.
The major concern is that people who is voting for a living, once the state has to cut their freeloading, riots will emerge everywhere.

It doesn't have to be that way, but people always vote for the shitty candidate.

https://steemit.com/freedom/@profitgenerator/voluntary-state-blueprint-for-a-free-society

I wouldn't say 3 to 5 years, but within the next decade.
The major concern is that people who is voting for a living, once the state has to cut their freeloading, riots will emerge everywhere.

There should be an equilibrium between the state revenues and spending. The state can only spend the amount which it receives as revenue from tax receipts and dividends. Imagine what will happen if this equilibrium is lost.

What planet are you living on? Every single government on the planet spends more than they receive. They are building a debt-ponzi scheme.

Hello?

http://www.nationaldebtclocks.org/

Yes. I know about federal debt. But it is not that if a particular government receives $100 billion in revenues, they can spend $500 billion on expenses. At the most they may be able to sell bonds worth $10 billion. No creditors will give them money, if their debt is more than the annual revenue.

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Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
May 31, 2022, 08:28:59 AM
Reply with quote  +Merit  #2
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March 09, 2017, 10:44:19 AM
 #152

I wouldn't say 3 to 5 years, but within the next decade.
The major concern is that people who is voting for a living, once the state has to cut their freeloading, riots will emerge everywhere.

It doesn't have to be that way, but people always vote for the shitty candidate.

https://steemit.com/freedom/@profitgenerator/voluntary-state-blueprint-for-a-free-society

I wouldn't say 3 to 5 years, but within the next decade.
The major concern is that people who is voting for a living, once the state has to cut their freeloading, riots will emerge everywhere.

There should be an equilibrium between the state revenues and spending. The state can only spend the amount which it receives as revenue from tax receipts and dividends. Imagine what will happen if this equilibrium is lost.

What planet are you living on? Every single government on the planet spends more than they receive. They are building a debt-ponzi scheme.

Hello?

http://www.nationaldebtclocks.org/

Yes. I know about federal debt. But it is not that if a particular government receives $100 billion in revenues, they can spend $500 billion on expenses. At the most they may be able to sell bonds worth $10 billion. No creditors will give them money, if their debt is more than the annual revenue.
And who will buy the bonds of the government which works in debt? Today, they sell bonds to one another tomorrow, and the next day they have nothing to sell and they will default. You are going to invest in such a government?
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March 10, 2017, 08:58:10 AM
 #153

And who will buy the bonds of the government which works in debt? Today, they sell bonds to one another tomorrow, and the next day they have nothing to sell and they will default. You are going to invest in such a government?

It is very complicated. Default is the last resort, and not too many nations will have the balls to do that. If a country defaults on its debt, then it will be made a pariah in the international bond market, at least for the next few decades. It is suicidal.

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Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
May 31, 2022, 08:28:59 AM
Reply with quote  +Merit  #2
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March 10, 2017, 10:25:33 AM
 #154

And who will buy the bonds of the government which works in debt? Today, they sell bonds to one another tomorrow, and the next day they have nothing to sell and they will default. You are going to invest in such a government?

It is very complicated. Default is the last resort, and not too many nations will have the balls to do that. If a country defaults on its debt, then it will be made a pariah in the international bond market, at least for the next few decades. It is suicidal.
In the desire to have more opportunities. If there is no money, then they will not appear. The default is a forced measure, but such variant is quite probable.
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March 10, 2017, 02:26:22 PM
 #155

The pension system is an unsustainable ponzi scheme, on the edge of collapse with such low bond interest rates.

This is my primary concern. The governments have withdrawn money from the pension fund, for other purposes such as foreign military invasions. But as the lifespan increases and the number of retirees rise, the pension handouts also need to increase. The only question is for how long it is going to remain viable.
I think that every pensioner can support themselves with pension and the state should control pension system. Just need to use this Fund in a profitable business.
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March 10, 2017, 06:37:37 PM
 #156

The pension system is an unsustainable ponzi scheme, on the edge of collapse with such low bond interest rates.

This is my primary concern. The governments have withdrawn money from the pension fund, for other purposes such as foreign military invasions. But as the lifespan increases and the number of retirees rise, the pension handouts also need to increase. The only question is for how long it is going to remain viable.
I think that every pensioner can support themselves with pension and the state should control pension system. Just need to use this Fund in a profitable business.

But you cant because the financial system is a very big mess, and it's on the verge of collapse anyway.

Also it would be good if pensions would be voluntary. Why should I pay into the pension system if I have better investment ideas.

The use of force is immoral.


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March 10, 2017, 08:49:25 PM
 #157

The pension system is an unsustainable ponzi scheme, on the edge of collapse with such low bond interest rates.

This is my primary concern. The governments have withdrawn money from the pension fund, for other purposes such as foreign military invasions. But as the lifespan increases and the number of retirees rise, the pension handouts also need to increase. The only question is for how long it is going to remain viable.
I think that every pensioner can support themselves with pension and the state should control pension system. Just need to use this Fund in a profitable business.

But you cant because the financial system is a very big mess, and it's on the verge of collapse anyway.

Also it would be good if pensions would be voluntary. Why should I pay into the pension system if I have better investment ideas.

The use of force is immoral.
You can declare yourself unemployed and do not pay any taxes, even to a pension fund. And also with the employer you can stipulate the conditions that you yourself will all pay for and thus refuse.

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March 11, 2017, 04:14:38 AM
 #158

11,000 Nazis have attacked Locals (2016 but still relevant)

https://www.youtube.com/watch?v=PAqeRj7vXpI

https://www.youtube.com/watch?v=QT7cmDI_dpg


Looks like 1925 to me all over again, when Brownshirt Nazis used to terrorize Europe


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March 11, 2017, 05:15:47 PM
 #159

And who will buy the bonds of the government which works in debt? Today, they sell bonds to one another tomorrow, and the next day they have nothing to sell and they will default. You are going to invest in such a government?

It is very complicated. Default is the last resort, and not too many nations will have the balls to do that. If a country defaults on its debt, then it will be made a pariah in the international bond market, at least for the next few decades. It is suicidal.
In the desire to have more opportunities. If there is no money, then they will not appear. The default is a forced measure, but such variant is quite probable.

There are always ways to avoid default. A few months back, Greece was very close to defaulting on its debt. But they managed to avoid it, by paying a part of it through the sale of islands and airports. The remainder was secured through a new EU loan.

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March 12, 2017, 07:06:54 PM
 #160

Interpol thinks Bitcoiners are Criminals, while Ignoring its own Nazi Past

https://steemit.com/bitcoin/@profitgenerator/interpol-thinks-bitcoiners-are-criminals-while-ignoring-their-nazi-past


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