Name: World Ponzi Scheme
Uploaded: 2022-10-11T23:00:00+00:00
Duration: 11 min 21 s
Description: One of the characteristics of a Ponzi scheme is that it always requires new infusions of money to keep it going (or else it collapses). Does the so-called advent of Universal Basic Income answer this

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1 year ago

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buffett insurance martin armstrong english pension funds economy

One of the characteristics of a Ponzi scheme is that it always requires new infusions of money to keep it going (or else it collapses). Does the so-called advent of Universal Basic Income answer this need? But more disturbing: Is Universal Basic Income the replacement for the raided pension funds that Baby Boomers are about to discover?

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Video Sources:

1) Buffett Insurance: https://www.youtube.com/watch?v=ee5BzwBCERE

2) Martin Armstrong: https://www.zerohedge.com/markets/2023-will-be-year-hell-martin-armstrong-warns-europe-could-suck-rest-world-down-tubes

3) English pension funds: https://www.youtube.com/watch?v=v_dxrZRuPyA

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