Tuesday, June 4, 2013

Pension Ponzinomics and Abenomics

If all of the pension systems of the world are Ponzi schemes,
(http://www.economist.com/node/21530106)

Is "Abenomics" a Ponzi scheme on top of a Ponzi scheme? This becomes extremely hairy when considering the ageing population and economic stagnation Japan is experiencing.

(http://www.telegraph.co.uk/finance/economics/10045933/Japan-is-adding-a-Ponzi-scheme-to-a-Ponzi-scheme.html)

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