Go offline with the Player FM app!
Is the State Pension a Ponzi Scheme? Global Warnings & Bitcoin as the Exit
Manage episode 481989688 series 3512732
Governments around the world have raided private pensions, seized assets, and shifted retirement promises. Is the UK state pension safe — or is it a slow-moving Ponzi scheme? In this episode, we break down historic examples, population math, and why Bitcoin may be your way out.
💥 Main Topics Covered:
- What defines a Ponzi scheme — and how the UK state pension compares
- Why you can't opt out of National Insurance as self-employed in the UK
- How much the average worker contributes: example of £81,000 over 20 years
- Population decline and the unsustainable math behind government pensions
- Can Bitcoin be called a Ponzi scheme? Here's why it doesn't qualify
🏛️ Global Pension Grabs — Real Examples:
- 🇵🇱 Poland (2014): €36 billion in private pensions moved to the state
- 🇦🇷 Argentina (2008): $30 billion nationalized during crisis
- 🇭🇺 Hungary (2010): Mandatory transfer or lose benefits
- 🇨🇱 Chile: Privatized in the '80s, now back under reform pressure
- 🇨🇾 Cyprus (2013): Bail-in seized uninsured bank deposits
- 🇺🇸 US Gold Confiscation (1933): Executive order to hand over gold
📉 The Cracks in the UK Pension System:
- £6,600 is the top searched term: “UK pensions amount” — but how sustainable is it?
- Future retirees face a shrinking worker base, rising NHS & care costs
- Will the state pension be scrapped? Growing public doubt
Get intouch with Myles at [email protected]
79 episodes
Manage episode 481989688 series 3512732
Governments around the world have raided private pensions, seized assets, and shifted retirement promises. Is the UK state pension safe — or is it a slow-moving Ponzi scheme? In this episode, we break down historic examples, population math, and why Bitcoin may be your way out.
💥 Main Topics Covered:
- What defines a Ponzi scheme — and how the UK state pension compares
- Why you can't opt out of National Insurance as self-employed in the UK
- How much the average worker contributes: example of £81,000 over 20 years
- Population decline and the unsustainable math behind government pensions
- Can Bitcoin be called a Ponzi scheme? Here's why it doesn't qualify
🏛️ Global Pension Grabs — Real Examples:
- 🇵🇱 Poland (2014): €36 billion in private pensions moved to the state
- 🇦🇷 Argentina (2008): $30 billion nationalized during crisis
- 🇭🇺 Hungary (2010): Mandatory transfer or lose benefits
- 🇨🇱 Chile: Privatized in the '80s, now back under reform pressure
- 🇨🇾 Cyprus (2013): Bail-in seized uninsured bank deposits
- 🇺🇸 US Gold Confiscation (1933): Executive order to hand over gold
📉 The Cracks in the UK Pension System:
- £6,600 is the top searched term: “UK pensions amount” — but how sustainable is it?
- Future retirees face a shrinking worker base, rising NHS & care costs
- Will the state pension be scrapped? Growing public doubt
Get intouch with Myles at [email protected]
79 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.