Post
Topic
Board Economics
Re: Why Ponzi schemes are called "Ponzi"
by
UNOE
on 10/11/2018, 22:58:22 UTC
Some retirement plans are Ponzi schemes.

In Brazil the official retirement plan made by the government is a ponzi scheme.

The ones who are retiring now didn't contribute enough to pay their pensions. So the ones who are working now are paying for the olders pension. And so on.

The problem is that our life expectancy ia getting higher and people are having less children. So soon the new people wont be able to pay for olders pensions...

Great comparation bro, here in Croatia is same thing. We have ratio something around one worker for one retiree. I am a bit worried about that and I must have my own retirement plan where crypto could help me with.