🔴The Biggest PONZI In The World!! You Won’t Believe This!
💰 Pension systems worldwide are in crisis due to insufficient funds, while Germany implemented the first social insurance program in 1889 and Charles Ponzi gained attention in America with his high-return promises.
📉 Ponzi discovered a way to make money by promising high returns to investors and using new investments to pay off earlier ones, resulting in a successful scheme as long as new money kept coming in.
🚩 The pension system operates like a Ponzi scheme, relying on future generations to pay for retirees, and the aging population and declining birth rate in Germany pose a potential problem for the country's economy and national pensions.
📺 Many countries are facing declining populations due to low birth rates, but also have high life expectancies, and the key to living a long life is to eat well, exercise, maintain strong social connections, and have a sense of purpose;
📉 The aging population is straining state pensions, leading to proposals to raise the retirement age, causing backlash and protests, while the sustainability of pension systems is questioned due to increasing costs and lack of tough decisions by politicians.
🚩 Policies aimed at raising retirement ages or decreasing pension payouts are unpopular among the elderly, creating problems for future generations as taxpayers bear the burden of generous state employee pensions.
📊 The CFA Institute ranks countries' pension systems, with the Netherlands, Iceland, and Denmark having the best systems, while many countries, including Spain, Italy, Portugal, and Turkey, have poor sustainability scores, indicating the need for individuals to plan their own retirement.
🚨 Ponzi scheme unraveled due to inconsistencies and suspicions, leading to media scrutiny, investor panic, collapse of scheme, Ponzi's arrest, imprisonment, and eventual poverty; pension schemes face similar sustainability issues and concerns about future benefits.
