[ExI] Zuckerberg just bought 26 days of world peace?

[William Flynn Wallace]

On Sat, Dec 5, 2015 at 11:47 AM, spike <spike66 at att.net> wrote:

>
> ...bounces at lists.extropy.org] On Behalf Of BillK
>
>
> >...I doubt if this is correct for the US and other countries that operate
> on deficit financing.
> They already spend money they haven't got every month and just add it on to
> the national debt.
>
> >...Some people wonder how long this system can continue...BillK
> _______________________________________________
>
>
> BillK, by current extrapolations, our national retirement system will
> become
> insolvent in 2035.  People who are not concerned by this fail to realize
> the
> depth of the crisis faced by those who are counting on it for survival.
> Perhaps they imagine we can just raise taxes to cover the cost.  They fail
> to deal with the possibility that the generation of voters in 2035 will be
> unwilling to pay that, and will elect tax cutters instead.
>
> The reasoning would be sound: the older generation spent its own money and
> borrowed against the younger generation, so why should they vote to keep
> doubling down?
>
> Many of those reading this may live to experience what happens when a
> nation
> lives on borrowed money for a long time.  Eventually the bills come due.  I
> fear the outcome will range somewhere between extremely unpleasant to
> horrifying.
>
> spike
>
> ​Japan is experiencing a dearth of babies and a big excess of the elderly.
They are trying to support increased birth rates.  Where will they live?
Underground?  We really don't see much about population control lately, and
to me that's a big mistake.  We will eventually have to do it.  Why wait?
bill w​


> _______________________________________________
> extropy-chat mailing list
> extropy-chat at lists.extropy.org
> http://lists.extropy.org/mailman/listinfo.cgi/extropy-chat
>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.extropy.org/pipermail/extropy-chat/attachments/20151205/4f91766b/attachment.html>