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Us Debt Problem:"the Word 'unsustainable' Doesn't Convey The Problem Enough, In My Opinion."

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Its mathematically impossible for tens of millions of people to retire on generous pensions and health benefits.. to be supported by the small younger generation. I think we all knew that as soon as the baby boomers started retiring, it was game over for the system.

On the bright side, like Argentina, the USA will just default on all those promises and life will go on. Argentina is still a nice country.

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Its mathematically impossible for tens of millions of people to retire on generous pensions and health benefits.. to be supported by the small younger generation. I think we all knew that as soon as the baby boomers started retiring, it was game over for the system.

yep

if the govt had saved the money and invested it instead of spending it all, then we would be in a much better place.

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Its mathematically impossible for tens of millions of people to retire on generous pensions and health benefits.. to be supported by the small younger generation. I think we all knew that as soon as the baby boomers started retiring, it was game over for the system.

On the bright side, like Argentina, the USA will just default on all those promises and life will go on. Argentina is still a nice country.

How well or badly do the grey ones live?

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How well or badly do the grey ones live?

Who cares? :-)

Tick-tock - what goes around comes around and it's coming around real soon!

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Who cares? :-)

Tick-tock - what goes around comes around and it's coming around real soon!

Not in the UK.

Our demographic (as has been posted on here a number of times) is different to the US, with our baby boomers those born between 1950-1970, not post war. We still have time to make them pay for their future (just).

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Not in the UK.

Our demographic (as has been posted on here a number of times) is different to the US, with our baby boomers those born between 1950-1970, not post war. We still have time to make them pay for their future (just).

How?

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Seems that most on this board try to use old arguments and logic to answer the problem. There is enough food to feed everybody on this planet, there is enough space to house everybody and yes there are enough resources to ensure that people are looked after in their old age and given adequate medical attention. However ensuring that everybody is clothed, housed,fed and cared for in their old age is not 'sustainable' using the current system. That's because the current system does not set out to achieve this aim, it does not understand that unending growth is simply not possible in a finite world or that some times that activities that may appear to be uneconomic in purely monetary terms may have a benefit to society generally and the individual specifically. What we are seeing is the result of the cul-de-sac that is modern monetary policy as it beaches itself on these hard real world imperatives. The system is collapsing precisely because it is the wrong tool for the job. Yet still we argue about how to fix it rather than the urgency of replacing it.

To sum up, you are arguing for a system that has been foisted on you, does not serve you and worse still you are using arguments spoon fed to you, to support or condemn the status quo

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Seems that most on this board try to use old arguments and logic to answer the problem. There is enough food to feed everybody on this planet, there is enough space to house everybody and yes there are enough resources to ensure that people are looked after in their old age and given adequate medical attention. However ensuring that everybody is clothed, housed,fed and cared for in their old age is not 'sustainable' using the current system. That's because the current system does not set out to achieve this aim, it does not understand that unending growth is simply not possible in a finite world or that some times that activities that may appear to be uneconomic in purely monetary terms may have a benefit to society generally and the individual specifically. What we are seeing is the result of the cul-de-sac that is modern monetary policy as it beaches itself on these hard real world imperatives. The system is collapsing precisely because it is the wrong tool for the job. Yet still we argue about how to fix it rather than the urgency of replacing it.

To sum up, you are arguing for a system that has been foisted on you, does not serve you and worse still you are using arguments spoon fed to you, to support or condemn the status quo

Great post.

You know something's wrong when you see kids in Africa starving to death while the supermarkets devote entire aisles of shelf space to pet food products.

Edited by wonderpup

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Great post.

You know something's wrong when you see kids in Africa starving to death while the supermarkets devote entire aisles of shelf space to pet food products.

Or serfs in Edinburgh gathering to watch the wedding of one their masters. Within yards of the pre-wedding party, and the actual wedding venue in Edinburgh there are probably quite a few children who are malnurished, yet sheeple continue to flock to worship overpaid over priveledged muppets.

Edited by dances with sheeple

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Its mathematically impossible for tens of millions of people to retire on generous pensions and health benefits.. to be supported by the small younger generation. I think we all knew that as soon as the baby boomers started retiring, it was game over for the system.

On the bright side, like Argentina, the USA will just default on all those promises and life will go on. Argentina is still a nice country.

Pretty sure if you worked out the wealth sucked up by banks, corporations and the wealth elite then you'd find.. Hey - what a shocker - more than enough money for everyone to retire!!!!

Just as we can easily feed the starving.

But we don't - the evil psychopaths take make the rules and own the guns won't allow it. ;)

Edited by Krackersdave

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Seems that most on this board try to use old arguments and logic to answer the problem. There is enough food to feed everybody on this planet, there is enough space to house everybody and yes there are enough resources to ensure that people are looked after in their old age and given adequate medical attention. However ensuring that everybody is clothed, housed,fed and cared for in their old age is not 'sustainable' using the current system. That's because the current system does not set out to achieve this aim, it does not understand that unending growth is simply not possible in a finite world or that some times that activities that may appear to be uneconomic in purely monetary terms may have a benefit to society generally and the individual specifically. What we are seeing is the result of the cul-de-sac that is modern monetary policy as it beaches itself on these hard real world imperatives. The system is collapsing precisely because it is the wrong tool for the job. Yet still we argue about how to fix it rather than the urgency of replacing it.

To sum up, you are arguing for a system that has been foisted on you, does not serve you and worse still you are using arguments spoon fed to you, to support or condemn the status quo

I worked in a food factory, in both the production and warehouse sides. In 6months, , taking into account the entire production line, from farm to supermarket, enough food was produced per worker to feed double the workforce for life. And there was room to improve production rates per worker even further! My shift managed to do so (foolishly), there was no gain for workers or customers, but our shift had the least staff, longest breaks and highest production rate!

One year of national service in agriculture for the youth could ensure we have an excess of food!

In the early 20th century, they managed to build 3 times as many homes as we do now!

Food and shelter need not be a problem ;)

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  • 330 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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