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The collapse is real
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2024-05-22 at 2:38 PM UTC
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2024-05-22 at 2:52 PM UTCI love you though.
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2024-05-22 at 3:48 PM UTCTold ya.
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2024-05-22 at 4:47 PM UTCYes I already believe we are living in an economic collapse global scam economy. You should check out some of my doomer posts I made in the past 2 years while binging on amphetamines, I predict many spooky things in the future. Once AI came into the picture I could tell society was heading in a certain direction especially after they started trying to regulate it within a few weeks.
Originally posted by the man who put it in my hood It's all corrupt and run by the MACHINE the globalist evil zeitgeist. The only way we will ever get out under their thumb is by rejecting all society has to offer and building it ourselves from the ground up
open source decentralized underground crowd funded, value for value, privacy focused, censorship free, etc
That being said I think we truly live in the future and have the chance to build the future we want to see. I feel bad for the Zoomers who are forced into using the same legacy systems and broken concepts that led us all astray and we have nothing alternative to offer them. They are right to criticize and doubt us, we haven't given them anything except more of the same and tell them to "figure it out" and send them off with a good wish while the MACHINE eats them alive.
It's tragic and we are all powerless to do anything about it. -
2024-06-19 at 8:42 AM UTC
Germany has horrific demographics, and essentially won't exist in the same sense as it currently exists in 30 years time. It'll be a massive retirement community where everyone will be looking to get paid - millions of old Germans and millions of immigrants all looking for government money.
The government's plan is basically to YOLO it. Imagine if you knew you were broke, so you decide to max out your credit cards and put it all into the stock market hoping to get rich? That's exactly what Germany is doing.Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
https://www.ft.com/content/21c2f283-be8c-45b1-ab2f-75aa4564bc8d
https://www.ft.com/content/21c2f283-be8c-45b1-ab2f-75aa4564bc8d
The German government will invest billions of euros in capital markets and use the proceeds to shore up the country’s embattled pension system, according to a draft law unveiled on Tuesday.
The legislation will see the creation of a fund for investing in stocks, backed by loans taken out by the federal government, that is forecast to be worth at least €200bn by the mid-2030s.
Proceeds from the investments will be used to keep the pension system stable and ensure that payments remain at 48 per cent of an average wage until the end of the next decade while avoiding steep increases in social security contributions. Finance minister Christian Lindner said the reform amounted to a “paradigm shift” in pension provision.
The plan is designed to alleviate pressure on a pension system that is expected to come under huge strain in the next few years as a whole generation of “baby-boomers” born in the 50s and 60s enters retirement.
Already the federal government has to subsidise Germany’s statutory pension fund to the tune of €110bn a year — almost a quarter of the entire state budget.
“The system must remain fair for future generations, for those who profit as pensioners and the others who finance the system,” Lindner said. “For that reason our pension provision requires an update.”
As a first step, the government will raise €12bn in debt this year and transfer it to the new fund, which will be managed by an independent public foundation. That amount will increase by 3 per cent annually and be augmented by proceeds from the sale of state holdings.
The finance ministry forecasts the size of the fund to reach €200bn by the mid-2030s and returns on investments will enable distributions of €10bn a year to the statutory pension fund from 2036. Finance ministry officials said the hope is Germany can ultimately move in the direction of Sweden and Norway where individuals can invest in capital markets within the framework of the state pension system.
Even if this works out, €200 billion isn't worth a shit compared to the liabilities Germany has. #YOLO
At one stage a few years ago some people used to say that migrants would pay the pensions. If anyone actually ever believed that, they don't by now. Migrants have proven to be a massive net drain on government funds. -
2024-06-19 at 4:45 PM UTC
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2024-06-19 at 4:46 PM UTCThe following users say it would be alright if the author of this post didn't die in a fire!
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2024-06-19 at 5:15 PM UTChttps://www.zerohedge.com/markets/music-just-stopped-banking-giant-norinchukin-liquidate-63-billion-treasuries-and-european
Interesting. Due to the way the accounting math works out, as soon as interest rates rise, banks which hold government debt in a particular area have huge losses on their balance sheets.
That means that if inflation turns out to be sticky (highly likely) the banks are fucked. In fact either rates stay low forever, or banks are fucked. -
2024-06-19 at 5:19 PM UTC
Originally posted by Jiggaboo_Johnson Seems I get suspended on Tiktok for speaking the truth every other week.
Wow, they got all the self harm people, MAGA and left wing nuts and now they censor people? Sounds like the US heavy hand cucked their culture pretty hardcore.
You can get away with blatant racism on twitter
Originally posted by Donald Trump https://www.zerohedge.com/markets/music-just-stopped-banking-giant-norinchukin-liquidate-63-billion-treasuries-and-european
Interesting. Due to the way the accounting math works out, as soon as interest rates rise, banks which hold government debt in a particular area have huge losses on their balance sheets.
That means that if inflation turns out to be sticky (highly likely) the banks are fucked. In fact either rates stay low forever, or banks are fucked.
wait a second.... hating central banks is communist! -
2024-06-19 at 5:39 PM UTCHTs-n00b had it right. It's a humiliation ritual. They feed from it, like emotion-sucking vampires.The following users say it would be alright if the author of this post didn't die in a fire!