Tag Archives: Pensions
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September 21, 2018 by wimvincken
This is another angst article? A doom prediction article? Actually, yes. Is it about pollution, overpopulation, meteor strike, nuclear war, famine, revolutions, super volcanoes, beginning of ice age, overheating, plagues, biological attacks, alien invasions, and any other b-film, ignorants and corrupted, manipulating politicians described disasters, nature- or man made existential threatening disasters, turning the earth sterile or simply explode it, breaking into peaces? No. The aging world population has economic implications. All countries faces multiple problems of making hard decisions to protect itself from the implications or faces seriously slowing or halting economical growth and exploding social costs to deal with aging populations.
That means in plain English: no work, no fancy policies like abortions, collapsing industries and trade, collapsing infrastructures, no medical services, no food or housing, mass starvation … simply a collapsing country. Or that might mean government forced measures to keep the disasters at bay, like forbidding abortions, increased age of pension, tax rates up to 80% or higher, forced pregnancies per woman instead of family, very difficult to divorce, strong (government) support for religions, applying technologies on industry, production and care (AI-related)
September 9, 2018 by wimvincken
In the US, there is a problem with pensions. Why? Because there is a gap of $7 trillion dollars to pay the pensions. And there is also the $49 trillion in unfunded Social Security problems. But that’s only the US. Globally speaking, we are talking about $70 trillion dollars gap in paying only the pensions. And that number was only in the year 2015, three years ago. In the year 2050, we are talking about a gap of $400 trillion dollars. What does that mean for everyone? Well, that’s simple, not? It means that your pension plans are faulty and you don’t get your pension, it also means that many countries will not survive this ordeal, and it’s the biggest crisis … it’s a crisis for your and your countries existence. And it’s not being an alarmist, it’s common sense. here follows your horror story soon to be experienced by you and anyone else.