I still don’t understand the obsession. Not everything has to be a ponzi scheme where line go up. Things can shrink, it’s ok. Not everything lasts forever. At some point you can abandon areas and let them decay.
I fully agree, but also, the whole concept of a pension plan only works if the next generation pays it forwards. Meaning this generation is paying for the current retired group, and no one will pay for them.
Thats not necessarily true. Pension just needs the economy to grow and even with less people the economy can be stimulated through technology. If 1 japanese with technology can produce product equivalent of 1950s 3 Japanese than that’s growth.
This is just like a stock crashing because the quarterly profits did not exceed the very high growth expectations more than a lot, they only exceeded a little.
I still don’t understand the obsession. Not everything has to be a ponzi scheme where line go up. Things can shrink, it’s ok. Not everything lasts forever. At some point you can abandon areas and let them decay.
I fully agree, but also, the whole concept of a pension plan only works if the next generation pays it forwards. Meaning this generation is paying for the current retired group, and no one will pay for them.
I mean, the way things are now we’ll be living 3-4 generations in a household anyway.
Thats not necessarily true. Pension just needs the economy to grow and even with less people the economy can be stimulated through technology. If 1 japanese with technology can produce product equivalent of 1950s 3 Japanese than that’s growth.
You make the mistake of assuming that pension plans have to be paid by the next generation. Why not use a wealth tax instead?
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This is just like a stock crashing because the quarterly profits did not exceed the very high growth expectations more than a lot, they only exceeded a little.
And also, new technology is still being developed
So it’s not even that all progress has stopped, things are still moving forwards
Theres a difference between going down, falling down and crashing down
Isn’t there a protection where there may not be any new Japanese births by 2050? That they’ll essentially cease to be (pure Japanese)?
No such thing.
https://en.wikipedia.org/wiki/Scientific_racism
Yeah sure my personal cup of coffee is not a ponzi scheme AFAIK.
But global capitalism? Definitely a ponzi scheme 100%. Literally destroying the planet to prop it up.