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Post by zanygame on Dec 19, 2022 21:58:42 GMT
Not sure if that’s true but I’m sure that you have been googling it . Depends on where she is on the spectrum , you need to educate yourself and perhaps wonder how she got to be the the poster girl of climate worriers . You decided to post bollocks, I pointed it out . Bollocks in, bollocks out .😉 Agsin it’s you missing the point , as usual, you claim that the boomers were selfish , when that is refuted you change the goalposts to make your non point relevant. You contradict yourself . If the boomers were just thinking about themselves and their pensions then they would be more than happy for legions of cheap Labour paying NI. Instead they just might have generally voted to leave for the sake of the long term future of the UK. You attempted to second guess millions of boomers and only managed to trip yourself up . If I’m a spoiled child then you are a petulant and peevish one who is unwilling to learn. You do wriggle and still are. You explained nothing , just posted ..something . Do you wanna try winding your neck in and talking normally. |
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Post by Bentley on Dec 19, 2022 22:01:51 GMT
Not sure if that’s true but I’m sure that you have been googling it . Depends on where she is on the spectrum , you need to educate yourself and perhaps wonder how she got to be the the poster girl of climate worriers . You decided to post bollocks, I pointed it out . Bollocks in, bollocks out .😉 Agsin it’s you missing the point , as usual, you claim that the boomers were selfish , when that is refuted you change the goalposts to make your non point relevant. You contradict yourself . If the boomers were just thinking about themselves and their pensions then they would be more than happy for legions of cheap Labour paying NI. Instead they just might have generally voted to leave for the sake of the long term future of the UK. You attempted to second guess millions of boomers and only managed to trip yourself up . If I’m a spoiled child then you are a petulant and peevish one who is unwilling to learn. You do wriggle and still are. You explained nothing , just posted ..something . Do you wanna try winding your neck in and talking normally. I might if I see you doing it . Maybe wind down the self hatred and accept that older people might have voted to leave the EU for reasons other than their own selfishness. If you can’t do that then at least put a compelling argument to support that they didn’t. |
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Post by zanygame on Dec 19, 2022 22:10:22 GMT
Do you wanna try winding your neck in and talking normally. I might if I see you doing it . Maybe wind down the self hatred and accept that older people might have voted to leave the EU for reasons other than their own selfishness. If you can’t do that then at least put a compelling argument to support that they didn’t. That was not my point, you made it that. I asked you to consider something from someone else's position, nothing more. |
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Post by Bentley on Dec 19, 2022 22:18:08 GMT
I might if I see you doing it . Maybe wind down the self hatred and accept that older people might have voted to leave the EU for reasons other than their own selfishness. If you can’t do that then at least put a compelling argument to support that they didn’t. That was not my point, you made it that. I asked you to consider something from someone else's position, nothing more. You sounded a bit more judgmental than that tbh. There was not so subtle insinuations of racism during the campaign, not so subtle insinuations of ignorance and little Englander mindset afterwards . Now the old folk are getting this contradictory bullshit about selfishness which reached its zenith in your ‘ god’ nonsense . Ive considered all positions. God knows how many times the people who lost the referendum vote repeat them enough . |
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Post by Steve on Dec 20, 2022 0:01:23 GMT
Except I wasn't comparing benefits to non contributors to a Ponzi scheme was I. You said..”Using the contributions of new members to pay liabilities to current members is the very definition of a Ponzi scheme” So you comments were just random thoughts in your head..nothing to do with the post you answered. Anyine with two brain cells can see that you were directly comparing NI contributions ( and the a state pension ) to a Ponzi scheme . …is the very definition of a Ponzi scheme”…says Steve .No, read my posts again I wasn't talking about those who those non contributors who get pensions. So called Pension credit is another topic altogether. I was clearly talking about those normal pensioners (way too often whining) who contributed but that on average receive a state pension at best half of what their contributions have earned. Read up on the history of the post WW2 state pension and you will see it was always going to be paid for not from invested returns of the contributions but by using the contributions of those still working. It was, is and liely will be an ever growing Ponzi scheme. |
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Post by Bentley on Dec 20, 2022 0:03:52 GMT
You said..”Using the contributions of new members to pay liabilities to current members is the very definition of a Ponzi scheme” So you comments were just random thoughts in your head..nothing to do with the post you answered. Anyine with two brain cells can see that you were directly comparing NI contributions ( and the a state pension ) to a Ponzi scheme . …is the very definition of a Ponzi scheme”…says Steve .No, read my posts again I wasn't talking about those who those non contributors who get pensions. So called Pension credit is another topic altogether. I was clearly talking about those normal pensioners (way too often whining) who contributed but that on average receive a state pension at best half of what their contributions have earned. Read up on the history of the post WW2 state pension and you will see it was always going to be paid for not from invested returns of the contributions but by using the contributions of those still working. It was, is and liely will be an ever growing Ponzi scheme. It’s not a Ponzi scheme, it’s not like a Ponzi scheme , it’s nothing like a Ponzi scheme . Stop digging and trying to justify your crass non point . |
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Post by Steve on Dec 20, 2022 0:18:52 GMT
In your mind Read the definition: www.investopedia.com/terms/p/ponzischeme.asp'A Ponzi scheme is a fraudulent investing scam which generates returns for earlier investors with money taken from later investors. This is similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier backers.
Both Ponzi schemes and pyramid schemes eventually bottom out when the flood of new investors dries up and there isn't enough money to go around. At that point, the schemes unravel.'
Exactly what the state pension scheme has bene doing since 1948 |
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Post by Bentley on Dec 20, 2022 0:49:08 GMT
In your mind Read the definition: www.investopedia.com/terms/p/ponzischeme.asp'A Ponzi scheme is a fraudulent investing scam which generates returns for earlier investors with money taken from later investors. This is similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier backers.
Both Ponzi schemes and pyramid schemes eventually bottom out when the flood of new investors dries up and there isn't enough money to go around. At that point, the schemes unravel.'
Exactly what the state pension scheme has bene doing since 1948 Yes the pensions are the equivalent of a scam in your head Steve . We got that. You seemed to have found a larger shovel . |
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Post by zanygame on Dec 20, 2022 7:21:45 GMT
Surely its the very definition of a ponzi scheme. Where the scheme can only keep going by acquiring new members to make up the money of those who previously joined.
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Post by zanygame on Dec 20, 2022 7:26:36 GMT
That was not my point, you made it that. I asked you to consider something from someone else's position, nothing more. You sounded a bit more judgmental than that tbh. There was not so subtle insinuations of racism during the campaign, not so subtle insinuations of ignorance and little Englander mindset afterwards . Now the old folk are getting this contradictory bullshit about selfishness which reached its zenith in your ‘ god’ nonsense . Ive considered all positions. God knows how many times the people who lost the referendum vote repeat them enough . There might well have been, but its a bit of an assumption to place the claims in my history. Lets try looking at this from a different angle. You say you could see wages suppressed by EU membership. (Excuse my shorthand) How was this reduction of wages affecting those on pensions? Or;Did you vote the way you did for the young workers you saw struggling around you. |
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Post by Steve on Dec 20, 2022 9:28:56 GMT
In your mind Read the definition: www.investopedia.com/terms/p/ponzischeme.asp'A Ponzi scheme is a fraudulent investing scam which generates returns for earlier investors with money taken from later investors. This is similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier backers.
Both Ponzi schemes and pyramid schemes eventually bottom out when the flood of new investors dries up and there isn't enough money to go around. At that point, the schemes unravel.'
Exactly what the state pension scheme has bene doing since 1948 Yes the pensions are the equivalent of a scam in your head Steve . We got that. You seemed to have found a larger shovel . Yes or no Are state pensions paid using the contributions of those still working instead of returns on the invested contributions of those now receiving? |
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Post by see2 on Dec 20, 2022 13:17:03 GMT
In your mind Read the definition: www.investopedia.com/terms/p/ponzischeme.asp'A Ponzi scheme is a fraudulent investing scam which generates returns for earlier investors with money taken from later investors. This is similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier backers.
Both Ponzi schemes and pyramid schemes eventually bottom out when the flood of new investors dries up and there isn't enough money to go around. At that point, the schemes unravel.'
Exactly what the state pension scheme has bene doing since 1948 The difference between a Ponzi and Pyramid schemes and state pension is that neither of the Ponzi or the Pyramid schemes were ever necessary. I would argue that a Pension scheme was a necessity. So while criticizing the scheme as it now stands, in a totally different place to where it started, the big question is where do we go from here. |
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Post by Steve on Dec 20, 2022 14:27:52 GMT
In your mind Read the definition: www.investopedia.com/terms/p/ponzischeme.asp'A Ponzi scheme is a fraudulent investing scam which generates returns for earlier investors with money taken from later investors. This is similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier backers.
Both Ponzi schemes and pyramid schemes eventually bottom out when the flood of new investors dries up and there isn't enough money to go around. At that point, the schemes unravel.'
Exactly what the state pension scheme has bene doing since 1948 The difference between a Ponzi and Pyramid schemes and state pension is that neither of the Ponzi or the Pyramid schemes were ever necessary. I would argue that a Pension scheme was a necessity. So while criticizing the scheme as it now stands, in a totally different place to where it started, the big question is where do we go from here. It should have been set up with a plan to make it legitimately funded within 10 years. Instead government after government has gone down the route of increasing payouts to win elections by funding those through increased contributions from those working and increasing immigration to inflate the numbers of those contributing. |
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Post by Bentley on Dec 20, 2022 16:03:33 GMT
Yes the pensions are the equivalent of a scam in your head Steve . We got that. You seemed to have found a larger shovel . Yes or no Are state pensions paid using the contributions of those still working instead of returns on the invested contributions of those now receiving? Yes or no. Are state pension schemes constructed around NI contributions? You are reducing a state benefit into a singular system and comparing it to a scam. yes or no? would you compare state benefits given to individuals who will never contribute to society a scam ? |
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Post by Steve on Dec 20, 2022 16:06:20 GMT
I asked first
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