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There’s many problems with the pension system, but the fact it requires humanity to continue to reproduce isn’t one of them.
by ghiculescu 4y ago
There’s many problems with the pension system, but the fact it requires humanity to continue to reproduce isn’t one of them.
- BeFlatXIII 4y agoIt requires humanity to grow its numbers, this making it a pyramid scheme.
- Qem 4y agoGrowth helps, but it's not required. What is actually required is stability in the age pyramid. The problem is we transitioned suddenly from high growth to a population crash. Now the age pyramid resembles more a propane tank shape, and the pension system went haywire. A very slow transition would be easier to adapt to.
- edgyquant 4y agoNot what I said. That it requires an increasing number of children to adults to continue is the issue. Personal retirement accounts is a much better alternative.