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> part of their retirement nest egg Which only works because there's a massive Ponzi scheme supported by fresh buyers. In New Zealand our demographics would l
by robocat 1y ago
> part of their retirement nest egg
Which only works because there's a massive Ponzi scheme supported by fresh buyers.
In New Zealand our demographics would lead to a crash (as seen in some places overseas), but we have a lot of immigration that props demand up.
Most people don't see systems, they make decisions based on the current state they see. And voters don't give politicians any incentive to deal with problems.