RE: Worth a quick read.12 Apr 2024 11:57
Bonker: OK, that is even more than me :)
Pokerchips: I have tried to explain/demonstrate that the whole thing is one massive ponzi scheme to a wide range of friends and family over the years. Generally steered clear of the topic with business contacts and the like, for obvious reasons.
I first became generally aware of this state of affairs back when I was a kid, having read something about it in a newspaper in the mid 1990's I think.
It was not called a ponzi scheme in the article, but it was a light bulb moment for me anyway.
Needless to say, apart from those of a similar or younger age to me, most seem to think I am either trying to see them have their pension 'stolen' from them by a future government, or that I think they do not deserve their (usually final salary, gold plated) pension, which they worked hard for etc :)
At least they have not accused me of bitterness, as many of them think of my generation, due to having been reasonably successful in business from a young age. Also not being a fan of avocado on toast has probably helped my cause :)