The Pensions Ponzi That Is Destroying Developed Nations

Those countries that accept high levels of immigration to keep the economy buoyant, are just operating a glorified Ponzi scheme that is bound to crash and burn in the future?

Yes The entire western Pension system is a Ponzi scheme. It is not paid by investments it is paid by existing and new entrants to the job market. It’s the very definition of a Ponzi scheme.Ponzi scheme – Wikipedia

It used to be 5–6 workers to 1 pensioner, it’s now around 3. Soon it will be even lower.

The thing that gets me is polticians openly admit this. They say “we need immigrants to pay our pensions”!?!!

Like immigrants don’t get old??

Unintended consequences

This is why Germany let in 1m immigrants. It wasn’t kindness. They have a declining population and need the workers to pay their Ponzi scheme.

Germany on course to accept one million refugees in 2015

They jailed Bernie Madoff for 150yrs for the same thing. Seems it’s okay when you’re a politician!!

Bernie Madoff – Wikipedia

On a side note this is one reason the Uk and EU can’t align and one reason we left. The EU in the main has a declining population. They want immigration to pay in the short term. The UK has had massive net immigration for decades. Our policies need to be different.