• RowRowRowYourBot
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    13 hours ago

    This has nothing to do with retirement funds in a stock market.

    The issue is entirely one of taxation. You need 2-3 people working for every retired person taking payments from the system. If you have 1:1 you cannot afford to do this which means either a massive die off of the elderly or a growing massive national debt.

    • tetris11@lemmy.ml
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      11 hours ago

      Or you reset the currency, like Turkey has done many times before no? You swear off your debts, print new money.

      • RowRowRowYourBot
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        10 hours ago

        No, because the issue is supply based. Changing the currency will never create a larger amount of money coming in than us leaving. Changing your currency also has very bad outcomes for your future ability to obtain loans which are critical for most nations.