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You have lots of things such as pensions, social security that have embedded growth obligations. Like a ponzi-scheme, everything is cool, so long as you grow th
by jiscariot 4y ago
You have lots of things such as pensions, social security that have embedded growth obligations. Like a ponzi-scheme, everything is cool, so long as you grow the number of people paying in. Instead of reevaluating the economic foundations of these EGO schemes and ask if they are sustainable, it's easier to blame people not having children or countries that don't want open boarders, and call it a crisis.