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To: Snowshoe who wrote (15780)2/28/2002 6:06:26 AM
From: elmatador  Respond to of 74559
 
You've got to keep pedaling the bike, SS. My alternative is the only viable. US citizens savings have to be invested somewhere, right?

If people save more this savings ends up in Argentina, Russia or Indonesia.

So that the interest goes back to the US as income for retirees. But I know that in those countries the money is not applied productively. It goes as salary of civil 'servants' who show up only to take up the paycheck. Government in those countries need this people that keep as electoral corrals which vote for them over and over.

These savings also goes to pay retirements of the civil servants in those countries. Who retires at 40!!!

Trust me: I lived in the most corrupt countries in the world: Brazil, Nigeria, Saudi Arabia and Indonesia.

Also lived in one of the less corrupt Sweden. So that you don't say my views are tainted by only have lived in corrupt countries.



To: Snowshoe who wrote (15780)2/28/2002 9:04:50 AM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 74559
 
People in the U.S. need to save more toward their retirement.
We've got to keep saving Snowshoe.... who else is going to subsidize all those grasshoppers that don't :o(

EDIT: These guys won't be able to afford it LOL.........
boston.com
I love the smell of debt in the morning...



To: Snowshoe who wrote (15780)2/28/2002 3:42:26 PM
From: Raymond Duray  Respond to of 74559
 
Re: The world needs to achieve zero population growth. People in the U.S. need to save more toward their retirement.

Entirely too sensible. We'll never do it.

BTW, I just started a new tome, Michael Klare's "Resource Wars".

amazon.com

I think it would suit your worldview. Klare is an academic who got his start in the anti-war movement in the late 1960's. Very well written.

-R.