InvestorsHub Logo
Followers 84
Posts 32232
Boards Moderated 85
Alias Born 03/22/2005

Re: scstocks post# 12113

Friday, 06/23/2017 10:57:20 AM

Friday, June 23, 2017 10:57:20 AM

Post# of 19856
SC, One change that was supposed to help the pension shortfall was the transition to 401-K plans, as opposed to the older 'Defined Benefit' type pension plans. But according to Paul Krugman, this was largely a failure -


>>> Economist Paul Krugman wrote in November 2013: "Today, however, workers who have any retirement plan at all generally have defined-contribution plans—basically, 401(k)'s—in which employers put money into a tax-sheltered account that's supposed to end up big enough to retire on. The trouble is that at this point it's clear that the shift to 401(k)'s was a gigantic failure. Employers took advantage of the switch to surreptitiously cut benefits; investment returns have been far lower than workers were told to expect; and, to be fair, many people haven't managed their money wisely. As a result, we're looking at a looming retirement crisis, with tens of millions of Americans facing a sharp decline in living standards at the end of their working lives. For many, the only thing protecting them from abject penury will be Social Security." <<<


https://en.wikipedia.org/wiki/Pensions_crisis


Another way to reverse the pension funding crisis is to increase the size and decrease the average age of the overall workforce, which increases the ratio of workers to retirees. Along those lines I see in Australia they actually pay people $5000 to have a child. Immigration is another way to boost the number of young workers, and this helps as long as you bring in people who will be working and paying taxes.

Tarpley points out that most of the more developed world (Japan, Europe, China, Russia) has a serious demographic problem due to their low birth rate, and immigration is the only way to quickly reverse this ominous demographic trend. He says the US has a big advantage since so many foreigners want to come here.

Of course the NWO cabal has other reasons to encourage mass immigration - they want to water down the homogenous nature of countries and gradually replace the modern nation state with a neo-feudal patchwork of weak vassal states ruled by a centralized world government. So large independent nation states will be out, replaced by weak and easily controlled micro/mini states. The basic strategy was laid out by Zbigniew Brzezinski in his 1997 book 'The Grand Chessboard: American Primacy and Its Geostrategic Imperatives'. The idea is to break up and balkanize previously strong nation states, which is also the basic idea behind the Bernard Lewis Plan for the Middle East. The balkanization process is the method to first 'conquer' the countries, and then to rule them later since no country will remain that can challenge the world government.





















































Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.