{"id":135426,"date":"2022-02-09T23:23:21","date_gmt":"2022-02-10T07:23:21","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/02\/social-security-is-the-worlds-largest-ponzi-scheme"},"modified":"2022-02-09T23:23:21","modified_gmt":"2022-02-10T07:23:21","slug":"social-security-is-the-worlds-largest-ponzi-scheme","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/02\/social-security-is-the-worlds-largest-ponzi-scheme","title":{"rendered":"Social Security Is The World\u2019s Largest Ponzi Scheme"},"content":{"rendered":"<p><\/p>\n<p><iframe style=\"display: block; margin: 0 auto; width: 100%; aspect-ratio: 4\/3; object-fit: contain;\" src=\"https:\/\/www.youtube.com\/embed\/E1Z1Eo7g9_g?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope;\n   picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p>When the next generations are fewer and less wealthy than the previous generations(who are living longer), problems can arise.<\/p>\n<p> | Invest in blue-chip art for the very first time by signing up for Masterworks: <a href=\"https:\/\/masterworks.art\/wallstreet\">https:\/\/masterworks.art\/wallstreet<\/a>.<\/p>\n<p>See important disclosures: <a href=\"https:\/\/mw-art.co\/37WwvbD\">https:\/\/mw-art.co\/37WwvbD<\/a><\/p>\n<p>This video is sponsored by Masterworks.<\/p>\n<p>In this video we look at the structure of the US Social Security system and how it closely resembles aa Ponzi Scheme. Current retirees are paid from payroll taxes collected from existing workers. In recent years the demographic trends in the US have deteriorated significantly and Social Security expected to become insolvent by 2033.<\/p>\n<p>0:00 \u2014 1:39 Intro.<\/p>\n<div class=\"more-link-wrapper\"> <a class=\"more-link\" href=\"https:\/\/lifeboat.com\/blog\/2022\/02\/social-security-is-the-worlds-largest-ponzi-scheme\">Continue reading \u201cSocial Security Is The World\u2019s Largest Ponzi Scheme\u201d | &gt;<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>When the next generations are fewer and less wealthy than the previous generations(who are living longer), problems can arise. | Invest in blue-chip art for the very first time by signing up for Masterworks: https:\/\/masterworks.art\/wallstreet. See important disclosures: https:\/\/mw-art.co\/37WwvbD This video is sponsored by Masterworks. In this video we look at the structure of the [\u2026]<\/p>\n","protected":false},"author":609,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1523,42],"tags":[],"class_list":["post-135426","post","type-post","status-publish","format-standard","hentry","category-computing","category-media-arts"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/135426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/609"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=135426"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/135426\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=135426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=135426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=135426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}