Comments by "Snack Plissken" (@snackplissken8192) on "This Ingenious System Could Guarantee Public Pensions Worldwide" video.

  1. As the percentage of the population collecting benefits becomes a larger percentage of the voting public relative to the percentage of the population paying for the benefits it becomes harder and harder to convince voters to vote for fiscal balance. Safety nets like the European Bank and the International Monetary Fund further disincentivise politicians against angering constituents in order to take steps necessary to prevent problems during another politician's term of office by insuring them that somebody else will have to fix it later. Pensions seem to be something that can only be fixed when voters can see the end is nigh and that nobody else will save them.
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