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That’s played itself out, and there’s only going to be one between my sister and myself. So 2 grandparents, two kids, and one grandchild. Definitely not a Pon
by pyuser583 4y ago
That’s played itself out, and there’s only going to be one between my sister and myself.
So 2 grandparents, two kids, and one grandchild.
Definitely not a Ponzi scheme. Not a good one anyway.
- dylan604 4y agoright, that's why the system is failing
- pyuser583 4y agoI don’t think it’s “the system.” Common sense says: “Having a higher proportion of the population not working reduces economic output.” And economics is saying: “Modern economies grow so quickly and reliably, we can increase economic output while caring for an increasing number of dependent people.” For example, we have retirement communities and nursing homes instead of each offspring caring for their own parents. This reduces the downward pull on output. But the pull is still there. So common sense and economics say that more dependents reduces output. I can’t imagine a system where a high number of dependents doesn’t create a downward pull on economic output. Can you describe a system like that?