The Impending Collapse of the French Economy
Pensions are ponzi schemes that the government has mandated. To pay for the contributions of past contributors, new contributors will be needed. What if the number of new contributors and contributions decreases? What if the past generations are living longer?
Get 5 free shares when you sign up for moomoo with a $100 deposit and 15 free shares when you deposit $1000. Use link https://j.moomoo.com/00iPZo.
France has faced massive protests following its recent pension reform. France may be the only country currently facing mass protests, but as the world’s population ages rapidly, it is likely that other developed countries will also face similar protests.
0:00 — 1:50 Intro.
French pension system. 1:51 – 5:03
5:04 – 7:15 The Ponzi Scheme
7:16 — 9:42 Pension crisis.
9:43 – 11:20 Demographic Time Bomb
11:21 A warning for us all
Email us: [email protected].
Support us on Patreon: https://www.patreon.com/WallStreetMillennial?fan_landing=true.
Check out our new podcast on Spotify: https://open.spotify.com/show/4UZL13dUPYW1s4XtvHcEwt?si=08579cc0424d4999&nd=1
These videos are intended for educational use and adhere to the fair-use guidelines. No copyright violation is intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out.
Source:
