David Belle argues the UK functions like a Ponzi scheme, citing a 6% fiscal deficit and 100% debt-to-GDP ratio with no growth. He claims the system relies on immigration to fund pensions, but recent immigrants are less productive, making the model unsustainable.
Honestly, the more I think about it, the more I understand that the UK is just one giant Ponzi scheme. You've got fiscal deficits at 6% of GDP, you've got government debt about 100% of GDP, you've got no fucking growth, you've got more and more debt being taken out to be able to fund the basic parts of the state. It relies on more people coming in to be able to allow previous generations to have their pensions, and that is shrinking because the people coming in now aren't actually very productive. And underlying this is that you've just got a bunch of fools being created that think more of this
