tag:blogger.com,1999:blog-2992740250270600844.post1302357650326886215..comments2024-03-24T05:26:32.964-07:00Comments on Advancing Time: Pensions Are The Biggest Ponzi Scheme Of ManBruce Wildshttp://www.blogger.com/profile/10181323607060607040noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2992740250270600844.post-55213224404060724532019-03-29T04:15:13.953-07:002019-03-29T04:15:13.953-07:00I really liked this post about pension, People sho...I really liked this post about pension, People should know about pension schemes. Keep giving updates.<br /><br /><a href="https://mortgageprotectionandretirementplans.com/" rel="nofollow">401k retirement</a><br />Andrew Cliffhttps://www.blogger.com/profile/18383629706504313808noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-48432461336966318262019-03-04T06:44:05.367-08:002019-03-04T06:44:05.367-08:00Jello: You are wrong on nearly everything. Vangu...Jello: You are wrong on nearly everything. Vanguard, Fidelity, Blackrock, etc have that invested money which belongs to the investors. 10s of millions of hard-working folks and retirees have money in stocks, bonds, mutual funds, etfs. Vanguard in fact, is a mutual company OWNED by its individual investors. You. Need. Education. sbourghttps://www.blogger.com/profile/17624756259083180849noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-35946900052494595292018-12-09T14:57:47.010-08:002018-12-09T14:57:47.010-08:00Pensions are a ponzi scheme because the stock mark...Pensions are a ponzi scheme because the stock market is a ponzi scheme because the whole of the U.S. (and thus world) economy is a ponzi scheme.<br /><br />"Capital", aka economic growth, is being created via debt.<br />Real money exists merely as a function to service that debt.<br />(this is called fractional reserve banking).<br /><br />Thus "growth" is increasingly being realized only thru growing debt.<br />This is ok when you have growing numbers willing to support growing debt, bad when you don't (just like all ponzi schemes).<br /><br />The "baby boom" was able to support this scheme, as there was a quick boom of new entrants into the ponzi system.<br />Yet that "boom" has now tapered, and recessed, leading to the current crisis.<br /><br />Gains can now only be realized as other incur losses.<br /><br />People looking for profit are turning to get-rich quick schemes, to support that stagnation of new capital.<br />They'll put their money into short-term gaining assets, creating pseudo-booms, then pull out after reaping their profits, causing subsequent crashing of those assets (refer to the rise of the housing & stock markets, even trendy assets like cryptocurrencies).<br />They create short-term trends, suck as many people as possible into those trends, then destroy them.<br /><br />The stock market will be the same.<br /><br />The stock market has increasingly become consolidated and controlled by a few.<br />Vangaurd, State Street and BlackRock account for some $16 TRILLION of a total U.S. markets capitalization of some $90 trillion.<br />That's over 17 percent of all the markets, owned by just THREE firms.<br />Add in their collaborators (with each of these companies comprising the largest shareholders of each other, in a highly-convoluted cartel like relationship), like JP Morgan, Invesco, Fidelity, Northern Trust, Geode, Wellington Management, etc., and you have some 40-50 percent of the markets owned & thus controlled by a few firms.<br /><br />Add individual billionaire investors and you have some 90 percent of ALL the markets controlled by the .001 percent.<br /><br />The "economic recovery" is a farce.<br />Businesses are still struggling for cash. <br />The m1, m2 & m3 money supplies have stagnated.<br />Debt is about the only avenue available for growing expenses (& highly under-reported inflation).<br /><br />Pensions are relying more & more on investments, and as such must invest in these large money-management and investment firms, whom have captured and dominated the markets via these largesr pension investments.....and all for short-term profit.<br /><br />These firms have engineered the farcical "economic recovery", and have created a Catch-22 conundrum in the process.<br />They've created a doomed system where people must participate in order to maintain that doomed system, which will fail sooner or later.<br /><br />At some point, this ponzi-scheme market will come crashing down, after those profiteers extract as much profit as they can.<br />This market crash will lead to the next great pension crash, as those few profiteers will have made their gains....at the expense of everyone else downstream (the true "trickle-down" effect of the ponzi economy).<br /><br />Debt fueled economic growth is absolutely unsustainable, absent a population boom. <br /><br /><br />It's interesting that Baby Boomers are only able to sustin their retirements off the future losses of their kids.<br />Most have no idea the problems they're passing onto their children.<br />Their quickly growing home prices/equity and investments are quickly becoming a growing nightmare for the next generation, as they head into retirement.<br /><br />One of the largest, and most growing, yet mostly concealed concerns, is the reducing birth rates of the current generations.<br /><br />Anonymoushttps://www.blogger.com/profile/07109425747854066250noreply@blogger.com