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Humanity has never seen such an extreme wealth transfer from young to old as what is going on in the industrialized world right now. Pensions: Wealth transfer
by carlosjobim 2y ago
Humanity has never seen such an extreme wealth transfer from young to old as what is going on in the industrialized world right now.
Pensions: Wealth transfer from young to old.
Taxes: Wealth transfer from young to old.
Socialized health care: Wealth transfer from young to old.
Rent: Wealth transfer from young to old.
Inflation: Wealth transfer from young to old (who owns the real estate?)
Capitalism: Wealth transfer from young to old (who owns the stocks?)
National debt: Wealth transfer from young to old.
It seems like all different systems at work in industrialized nations has the single goal of extracting all productivity from young workers and giving it to the current generation of elderly. Even the ideologies who on the face are against each other (socialism vs capitalism) both work mainly to reap everything form the young to give to the old.