1 Comment

Comments RSS
  1. Rafiq A. Tschannen

    I suppose it is, as are many other government activities. To my knowledge for instance in pension schemes only the Government of Singapore has a scheme where the actual savings of the insured are used for their future pensions. In all other countries the payments of the young are used for the old, meaning that when today’s young get old their own contributions will no longer be around.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: