Quote from: Sithara007 on January 02, 2017, 03:46:58 AM

Quote from: RealityTruth on January 01, 2017, 06:31:08 PM

Finland tests giving every citizen a universal basic income
Experiment to start in 2017 and include 2,000 randomly selected welfare recipients of free government money

http://www.independent.co.uk/news/business/news/universal-basic-income-finland-ubi-test-scheme-experiment-a7211241.html

Very soon Finland is going to become bankrupt. From where they are going to find the money, to fund this insane initiative? They can print only a limited number of the Euro banknotes.

I think the universal basic income will be implemented throughout the whole eurozone eventually. There's so high unemployment rate and automation will make most of the remaining jobs obsolete. It's necessary to protect the society from collapsing by giving people all the necessities they need. ECB will be forced to print enough money to pay the bill, like they do already. But in the future, the printed money is (hopefully) being given to poor people also, so that the society won't collapse into civil unrest and rich people can still have their wealth without utilizing private armies to protect it.