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Planning To Retire? This is a must-watch

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DISCLAIMER: The information contained in this video is for informational and educational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinion(s) of the speaker who is not a licensed financial advisor or registered investment advisor. Trading equities or cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

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00:00 Introduction
01:35 The Story
02:14 Two Types of Pensions
03:38 Public vs Private
04:05 Private Pensions – a Car Co
04:37 West is not Breeding – or Dying
06:12 Not Just Japan – Chicago Case in Point
06:50 Workers per Retiree Tipping Point is Past
07:52 Even Simpler Pension Math 3:1
08:03 Population Collapse – Collapse of Civilization
09:19 Retirees Are Expensive – eg NY Sanitation
09:43 Retirees Are Expensive – eg CA Administrator
10:12 Unfunded Pensions 8.28 Trillion
11:09 Unfunded Pensions
11:33 US Unfunded Liabilities 169 Trillion
11:52 When Will Social Security Run Out?
12:48 UK Early Retirement Conundrum
14:24 Mercer Returns – 4% Ain’t Gonna Cut it!
15:05 $400 Trillion Gap in 20-30 Years
16:07 Saifedean Ammous – Losing 14T a Year
17:03 S&P Real Yield Below Zero
19:18 What Global Investment Banks Do
24:52 Yes – How the Game is Played eg Gamestop
21:14 Finally, Pension Overhead
22:07 Government Pensions Are Legal Ponzi Schemes
23:00 How You Fix It?
24:00 Conclusion
24:42 Blaze Your Own Path!

#RetireEarly #Bitcoin #FIRE #Pensions #ArePensionsPonzis #Demographics #DBPlans

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Allegation #03

Bitcoin is a Ponzi scheme

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