Pension funds are a massive bubble and are unsustainable. Recently, in October 2022, UK pension funds almost collapsed. And not only the UK pensions are in trouble. Pension funds all around the world face massive problems. According to the World Economic Forum, the global shortfall of pension savings in 2015 were estimated to be $70 trillion. In their report from 2017 “We’ll Live to 100 — How Can We Afford It?”, they forecasted this shortfall to reach $400 trillion by 2050. This would be more than quadruple the current global GDP.
What if people live longer and fewer children are being born?
One major problem for pension funds is that peoples’ life expectancy is growing. Thus, the total pension payout would increase. Someone needs to pay for that. And combined with another major problem — fewer children being born — it could become catastrophic. Bruce Wilds writes in his article “Pensions Are The Biggest Ponzi Scheme Of Man” that South Korea tried to tackle this problem by investing $113 billion from 2006 until 2018 on urging people to get more children. Another common response is to raise the minimum age for pension payouts or to reduce the height of pension payouts. And you have very little influence on it.
Your pension isn’t guaranteed — you are being robbed
It would be a shame if you worked your entire life building your pension to get nothing in return. Unfortunately, this scenario becomes increasingly realistic. To sum it up, your pension fund:
- always needs new money entering the pyramid to pay those who are already in it. Like a Ponzi scheme
- plays with your money to make a profit for itself
- is like a casino: if you lose your life before sixty-five, it takes your money
- might go bankrupt. Money gone…
A great book to read and learn more about why you should not trust your classic pension fund is “Who Stole My Pension?” by Robert Kiyosaki and Edward Siedle.
Sacrifice for a guaranteed pension
Are you also done with the old Ponzi scheme like, high risk pension funds? Sacrifice for the right to a guaranteed pension!
The sacrifice for a guaranteed pension is an online event from February 20th until May 20th, to make a digital statement. To participate, you need to send ETH, USDC, USDT, or HEX on the Ethereum blockchain to the given address: 0x0dEED0EfaFA3Ec083CFa5AB16492896f7543E426. Before sending, verify the address by comparing it with the address provided on https://pensionsacrifice.com/. Your sacrifice is registered digitally as points. These points have no monetary value but might surprise you with an airdrop.
Carpe Diem Pension might be the savior
Carpe Diem Pension is an automated pension fund that relies on pre-determined rules that can never be changed. Not by anyone. Never.
It is currently under development and is planned to launch on the Pulse blockchain in 2024.
Carpe Diem Pension is a supporter of the sacrifice initiative. It might reward sacrificers with an airdrop of its cryptocurrency XCD. This is not a promise or guarantee. If you sacrifice, you should have no expectations from the work of others.
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