The only way for the government to try to solve this problem, which only gets exponentially worse as boomers continue to retire, is to print an ungodly amount of money.
You aren’t bullish enough on bitcoin, anon.
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There's really no option at this point, stack Bitcoin and other real assets or simply be poor and working forever.
That's the funny part: more adults may have $50K saved up, but what will they be able to buy with it?
Bring that account over to Nostr please!
They think social security will save them
yes, the State is satan's favourite racket
that's why the planet is covered in pyramids too, thank God the knowledge about how those work is gone, thanks to the degradation of their bloodlines
Don't worry they can take second mortgages on their houses backed by the gubment.
also, 50k is at best gonna feed and house you for about 5 years, so, then what, they get euthanased?
They could cause another scamdemic and kill off the elderly like they did with COVID
Fix the money fix the world
If they do this by funding a war, it’s not great though.
Facts 💯
i am sad for the loss that happened and will happen due to the evil but in my opinion it rose to the surface and anyone in denial about it now is literally ngmi and i'm not gonna waste any tears on em
Less meaning ah fat-goose-egg ZERO
Can’t wait for the retiring boomers to vote themselves an SSI raise that needs to be printed on the backs of future generations.
there are other ways to solve it, what’s lacking is political will.
Bitcoin is not the answer, as bitcoin is worth nothing, it has no value.
Does this stat include 401k?
Well, in Chile is mandatory to save 7% of your net income in a private pension fund and you can’t take it out from it.
Not saying that it’s the best option, but is better than asking the state to pay for pensions.