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Omer عمر
VisualEconomik EN
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Comments by "Omer عمر" (@Omer1996E.C) on "How Successful Private Pensions Work in Australia" video.
This is not a good system to be honest, seems like a system made by corrupt government (sorry to say that). You said that since 2005, investment in this system would have tripled today. But inflation in us dollar and Australian dollar since 2005 is 52% and 64% respectively. This means that the actual return on investment is 3.5 percent in aud, and 4 percent in usd. Both are bad roi to be honest
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Israel has very high taxes. One third of the economy is tax revenues. No wonder such pensions exists
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@Ynhockey I don't know why would you consider having one third of the economy as tax revenue, not high taxes.
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