Originally posted by AtW
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Previously on "sleepwalking into a new reality of permanently lower growth and higher debt."
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I had to change my kids' nappies for years. Looking forward to getting my revenge.
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I plan on working until I'm 124. I've got one of those pension thingies, but I can't see the point in stopping working until I have to.
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Originally posted by SpontaneousOrder View PostMe. I'm under no illusion as to whether there will be any money for me or not when I come of age.
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Originally posted by AtW View PostErm, who is going to be paying your pension???
The less I have to fund single mums & loafers, the more likely it will be that I will be able to fund my own retirement.
*if* you suppose that offspring are required to fund one's retirement, then you are electing to participate in a Ponzi scheme (by definition - I'm not choosing the word as a synonym for 'scam' or suchlike) - and hoping that it's (presumably?) your far off descendants that foot the final bill, rather than your more immediate and mentally tangible children & grandchildren?
At the end of the day, if you can't afford it yourself then someone else must be paying for it. Who pays for them?
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Ask Charles Ponzi.
The solution is to stop sponsoring dysgenic breeding programs funded by the producers of the country.
Then when the riff-raff stop breeding so much, and the producers therefore have more wealth to be able to breed more themselves, it's not unreasonable to suggest that we can still prosper and see growth even with relatively low birth rates.
And a much smaller amount of growth would be necessary for the steady increase in standards of living that we're used to, if that growth weren't necessary to offset the Ponzi-aspect of the financial system too.
A couple of percent growth should be making things awesome for us. Instead it's necessary just to tread water.
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Originally posted by vetran View PostInteresting our experience with Migrants varies so much when compared with France & Germany.
http://i.telegraph.co.uk/multimedia/...n_3535022b.jpg
oh is that the smell of freshly cooked books?
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Interesting our experience with Migrants varies so much when compared with France & Germany.
http://i.telegraph.co.uk/multimedia/...n_3535022b.jpg
oh is that the smell of freshly cooked books?
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Are all newspapers of the left-leaning variety now, continuing to espouse higher GDP as a good thing, with immigration the only solution?
What we need is a higher quality GDP. A stable population improving themselves and the economy through better education and health, increased manufacturing and exports of quality products, less red tape and bureaucracy for small to medium businesses. Unfortunately we won't get any of that from either side - Labour wants us all to be the lowest common denominator, and the Tories want to keep wages and enterprise down so their mates in big business reap the rewards.
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sleepwalking into a new reality of permanently lower growth and higher debt.
Mapped: how a demographic time bomb will transform the global economy - Telegraph
Is it really an issue? If so, how do we get round this?Tags: None
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