On unfunded liabilities-
Page 397 - Sovereign individual -
The most developed and heretofore successful nation states are all characterised by dwindling populations -are massive, unfunded old age pension liabilities. Absent unprecedented immigration from underdeveloped countries, leading states in Europe, North America, and Australasia will fall far short of the revenues needed to maintain the social benefits currently delivered.
HARRY 3 / Tezza
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2023-10-16 00:53:48
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