How Are We Going To Afford the Baby Boomers?
Imagine a time, just after the stock market has crashed, turned to dust, had its doors shuttered due to exposed fraud. On top of this, house prices might still be high, but no one is buying, and no one will be buying till the prices are slashed by 50% or more.
What do the working people do?
At this point, with inflation rampant, and every corporation trying to squeeze every dime out of them, the working people do not have any spare money/time/desire to pay for the boomer's retirements. What will we do?
The greatest wealth transfer theft
The stock market is being set up for a collapse.
The bond market is going to die a horrible death.
All of that money is being stolen, or if you believe Catherine Austin Fitts, it is already gone.
The younger generations can't afford a house, meaning the boomers will have no one to sell their houses to. And all the "valuable" possession that boomers own, have no market in the younger generations.
Only those boomers who have precious metals will have anything left of value.
So, the boomers are going to go from the group with most of the wealth, to being as broke as the other generations.
What will the working people do then?
Social inSecurity is a joke
The boomers will shout that we paid into the SS we are owed a retirement!
And, the arguments about this have been done to death. We needed to fix SS back in the 80s, didn't happen. In the 90s, didn't happen. And now it is too late.
Sooooo, what we have isn't a pension system, it is those working paying for those retiring.
If you want to see what this looks like, look at Obomba unCare. People are paying a LOT more for health care. Why? Because we forced the insurance companies to take anyone, at any health/unhealth, at any ability to pay. Basically, we forced everyone to pay for the fattest, most sickly group of people we have created to date.
And this is what is coming to Social inSecurity. We need more retirement services, like, 2x - 5x more retirement homes and a similar amount more of nursing care.
The working generation is strapped to the ends of their rope. There isn't any more to be squeezed from them.
All we have is to tax the working people 50% of their income to pay for boomers, or borrow that money, meaning paying for it in inflation. (yes, 50%. That is what 2 working people supporting one retiree means.)
What are we really up against?
So, what do you do when the bankster class pulls the rug out from under the world? And leaves the smallest generation to deal with the largest generation who feels entitled to a retirement.
There isn't any good options in the old paradigm. And, in fact, there doesn't exist enough medical or care to handle it.
What is being asked of the youngest generation who have seen nothing good in it for them, and are just not joining into the work force. (laying flat, NEAT, living in mother's basement) We are asking these people, who have gotten nothing from the system, to jump up and support the system. (and even if they do, there will be no SS when they get there)
This is a really bad situation.
Fortunately, everything is crashing, and new ideas are being thought up, and maybe we will figure out how to do this.
And, not in the way that Canada is going, with self deletion pods.
Radically different things are going to be the thing. But, what will those be?
Maybe something like the banks are ordered to give up their mortgages. They stole all of this, then they lose all of that.
Once we get rid of mortgages, the amount needed monthly to live off of is much smaller. (of course, kiss your real estate market good bye)
We get some of the biggest houses, and turn them into living facilities for elderly. We find a more capable person to live there and do their best to help our the still, mostly mobile, elderly.
We take seed oils and HFCS off of the market, and make sure that people are eating more healthily. Prevention is the name of the game. If we can keep people from needing medical care, maybe we can get by on the staff numbers we have now.
Or maybe all of this will be taken out of our hands by bigger things. UnCivil War, famine, natural and unnatural disasters, disease can take a huge chunk out of population. And of course, all causes mortality is still going up, probably because of the VAXXX, meaning more deaths are coming.
I really do not know how this is going to play out.