Post
Topic
Board Speculation
Re: dollar collapse
by
Ibian
on 11/11/2013, 22:43:07 UTC
Last 2 guys, it's a simple mathematical problem. In Socialist Utopias the state takes from those who work and gives to those who do not. The baby boomers are retiring. They have not sired enough kids to take over the bills. This means less funding for more people, which means higher taxes and less payouts for each individual. Everyone loses. Matters of environment, ethics, lolcats and whatever else is entirely irrelevant. It's a problem that will bankrupt all of Europe even if there were no other problems, and it will take generations to fix if we started right now.

The one silver lining is that it could lead to a wider adoption of bitcoin, which could make a small group of us very wealthy and able to ditch this corner of the world.