Imagine bringing an end to the age of mass immigration altogether.
It needs to happen sooner or later. The whole thing is a pyramid scheme. The population isn't naturally expanding through procreation fast enough to sustain the pension model, so you have to bring the remainder in from abroad to keep those pensions funded. And then those workers will eventually retire meaning you have to bring in even more to keep up with it. All the while you're depressing wages by flooding the job market with artificially high amounts of supply while simultaneously causing the cost of living to skyrocket because homes can't be built fast enough to accommodate the deluge of of immigrants flooding into the country like a tsunami.
It's a bubble, and sooner or later it's going to burst if we don't change course. Housing costs are already outrageously out of control and getting worse. Wages have stagnated for the last 40 years and personal debt is at all time highs. There's a breaking point on the horizon and we're barreling towards it at full speed. And nobody even knows it. It's just not something the public is informed about. They're told you either support and applaud this pyramid scheme or your'e a racist. Now keep working and paying into that pension, pleb.
We need to find another solution for funding pensions. Probably a combination between higher taxes, and people having to work longer. The people who designed this system were counting on families having five kids each, adding five pension contributors for each retiree. But then the women went to work which suddenly doubled the absolute number of pension contributors that were needed, while sharply diminishing the number of kids each family was having (because the moms were now busy pursuing careers).
Imagine bringing an end to the age of mass immigration altogether.
It needs to happen sooner or later. The whole thing is a pyramid scheme. The population isn't naturally expanding through procreation fast enough to sustain the pension model, so you have to bring the remainder in from abroad to keep those pensions funded. And then those workers will eventually retire meaning you have to bring in even more to keep up with it. All the while you're depressing wages by flooding the job market with artificially high amounts of supply while simultaneously causing the cost of living to skyrocket because homes can't be built fast enough to accommodate the deluge of of immigrants flooding into the country like a tsunami.
It's a bubble, and sooner or later it's going to burst if we don't change course. Housing costs are already outrageously out of control and getting worse. Wages have stagnated for the last 40 years and personal debt is at all time highs. There's a breaking point on the horizon and we're barreling towards it at full speed. And nobody even knows it. It's just not something the public is informed about. They're told you either support and applaud this pyramid scheme or your'e a racist. Now keep working and paying into that pension, pleb.
We need to find another solution for funding pensions. Probably a combination between higher taxes, and people having to work longer. The people who designed this system were counting on families having five kids each, adding five pension contributors for each retiree. But then the women went to work which doubles the absolute number of pension contributors that were needed, while sharply diminishing the number of kids each family was having (because the moms were now busy pursuing careers).
Imagine bringing an end to the age of mass immigration altogether.
It needs to happen sooner or later. The whole thing is a pyramid scheme. The population isn't naturally expanding through procreation fast enough to sustain the pension model, so you have to bring the remainder in from abroad to keep those pensions funded. And then those workers will eventually retire meaning you have to bring in even more to keep up with it. All the while you're depressing wages by flooding the job market with artificially high amounts of supply while simultaneously causing the cost of living to skyrocket because homes can't be built fast enough to accommodate the deluge of of immigrants flooding into the country like a tsunami.
It's a bubble, and sooner or later it's going to burst is someone doesn't change course. Housing costs are already outrageously out of control. Wages have stagnated for the last 40 years and personal debt is at all time highs. There's a breaking point on the horizon and we' barreling towards it at full speed. And nobody even knows it. It's not something the public is formed about.
We need to find another solution for funding pensions. Probably a combination between higher taxes, and people having to work longer. The people who designed this system were counting on families having five kids each, adding five pension contributors for each retiree. But then the women went to work which doubles the absolute number of pension contributors that were needed, while sharply diminishing the number of kids each family was having (because the moms were now busy pursuing careers).
Imagine bringing an end to the age of mass immigration altogether.
It needs to happen sooner or later. The whole thing is a pyramid scheme. The population isn't naturally expanding through procreation fast enough to sustain the pension model, so you have to bring the remainder in from abroad to keep those pensions funded. And then those workers will eventually retire meaning you have to bring in even more to keep up with it. All the while you're depressing wages by flooding the job market with artificially high amounts of supply while simultaneously causing the cost of living to skyrocket because homes can't be built fast enough to accommodate the deluge of of immigrants flooding into the country like a tsunami.
It's a bubble, and sooner or later it's going to burst is someone doesn't change course. Housing costs are already outrageously out of control. Wages have stagnated for the last 40 years and personal debt is at all time highs. There's a breaking point on the horizon and we' barreling towards it at full speed. And nobody even knows it. It's not something the public is formed about.
We need to find another solution for funding pensions. Probably a combination between higher taxes, and people having to work longer.
Imagine bringing an end to the age of mass immigration altogether.
It needs to happen sooner or later. The whole thing is a pyramid scheme. The population isn't naturally expanding through procreation fast enough to sustain the pension model, so you have to bring the remainder in from abroad to keep those pensions funded. And then those workers will eventually retire meaning you have to bring in even more to keep up with it. All the while you're depressing wages by flooding the job market with artificially high amounts of supply while simultaneously causing the cost of living to skyrocket because homes can't be built fast enough to accommodate the deluge of of immigrants flooding into the country like a tsunami.
It's a bubble, and sooner or later it's going to burst is someone doesn't change course. Housing costs are already outrageously out of control. Wages have stagnated for the last 40 years and personal debt is at all time highs. There's a breaking point on the horizon and we' barreling towards it at full speed. And nobody even knows it. It's not something the public is formed about.
We need to find another solution for funding pensions. Probably a combination between higher taxes, and people having to work longer. Because the immigration pyramid scheme is a ticking time-bomb.
Imagine bringing an end to the age of mass immigration altogether.
It needs to happen sooner or later. The whole thing is a pyramid scheme. The population isn't naturally expanding through procreation fast enough to sustain the pension model, so you have to bring the remainder in from abroad to keep those pensions funded. And then those workers will eventually retire meaning you have to bring in even more to keep up with it. All the while you're depressing wages by flooding the job market with artificially high amounts of supply while simultaneously causing the cost of living to skyrocket because homes can't be built fast enough to accommodate the deluge of of immigrants flooding into the country like a tsunami.
It's a bubble, and sooner or later it's going to burst is someone doesn't change course. Housing costs are already outrageously out of control. Wages have stagnated for the last 40 years and personal debt is at all time highs. There's a breaking point on the horizon and we' barreling towards it at full speed. And nobody even knows it. It's not something the public is formed about.
Imagine bringing an end to the age of mass immigration altogether.
It needs to happen sooner or later. The whole thing is a pyramid scheme. The population isn't naturally expanding through procreation fast enough to sustain the pension model, so you have to bring the remainder in from abroad to keep those pensions funded. And then those workers will eventually retire meaning you have to bring in even more to keep up with it. All the while you're depressing wages by flooding the job market with artificially high amounts of supply while simultaneously causing the cost of living to skyrocket because homes can't be built fast eough to accommodate the deluge of of immigrants flooding into the country like a tsunami.
It's a bubble, and sooner or later it's going to burst is someone doesn't change course. Housing costs are already outrageously out of control. Wages have stagnated for the last 40 years and personal debt is at all time highs. There's a breaking point on the horizon and we' barreling towards it at full speed. And nobody even knows it. It's not something the public is formed about.
Imagine bringing an end to the age of mass immigration altogether.
It needs to happen sooner or later. The whole thing is a pyramid scheme. The population isn't naturally expanding through procreation fast enough to sustain the pension model, so you have to bring the remainder in from abroad to keep those pensions funded. And then those workers will eventually retire meaning you have to braing in even more to keep up with it. All the while you're depressing wages by flooding the job market with artificially high amounts of supply while simultaneously causing the cost of living to skyrocket because homes can't be built fast eough to accommodate the deluge of of immigrants flooding into the country like a tsunami.
It's a bubble, and sooner or later it's going to burst is someone doesn't change course. Housing costs are already outrageously out of control. Wages have stagnated for the last 40 years and personal debt is at all time highs. There's a breaking point on the horizon and we' barreling towards it at full speed. And nobody even knows it. It's not something the public is formed about.
Imagine bringing an end to the age of mass immigration altogether.
It needs to happen sooner or later. The whole thing is a pyramid scheme. The population isn't naturally expanding through procreation fast enough to sustain the pension model, so you have to being the remainder in from abroad to keep those pensions funded. And then those workers will eventually retire meaning you have to braing in even more to keep up with it. All the while you're depressing wages by flooding the job market with artificially high amounts of supply while simultaneously causing the cost of living to skyrocket because homes can't be built fast eough to accommodate the deluge of of immigrants flooding into the country like a tsunami.
It's a bubble, and sooner or later it's going to burst is someone doesn't change course. Housing costs are already outrageously out of control. Wages have stagnated for the last 40 years and personal debt is at all time highs. There's a breaking point on the horizon and we' barreling towards it at full speed. And nobody even knows it. It's not something the public is formed about.
Imagine bringing an end to the age of mass immigration altogether.