It’s a ponzi scheme supporting millions of people’s retirements, myself included.
Ideally we have social security, which is a much more regulated and carefully managed ponzi scheme but the people in power use it like a piggy bank because it’s not like they’re going to be around when it runs dry.
I live in a country with a quite strong social security scheme, but the money in our social security funds, like pensions, is mostly invested in the stock market anyways.
It’s a ponzi scheme supporting millions of people’s retirements, myself included.
Ideally we have social security, which is a much more regulated and carefully managed ponzi scheme but the people in power use it like a piggy bank because it’s not like they’re going to be around when it runs dry.
I live in a country with a quite strong social security scheme, but the money in our social security funds, like pensions, is mostly invested in the stock market anyways.