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Pensions and Unemployment Benefits

Discussions about the economic and financial ramifications of PEAK OIL

Re: Pensions and Unemployment Benefits

Unread postby theluckycountry » Sun 15 Jun 2025, 16:21:13

Here's a good example of a lost soul, lost in the techno future.
$this->bbcode_second_pass_quote('', '
')The United States must triumph in the escalating “Cold War” against China for AI supremacy or risk a future where robots, powered by Marxist ideology, rule over Americans and the rest of the world, warned billionaire tech investor Marc Andreessen in a recent interview.

Andreessen predicted that AI will serve as the “control layer” for all aspects of society, from education and healthcare to transportation and law. The tech investor then raised the dangerous prospects of children being taught by Chinese AI, infused with Marxist principles and Chinese President Xi Jinping’s ideology.

A mouse pusher who made billions riding the techno gravy train.
Why do all these bald men have to shave their heads? Many look far worse for it.


Image

https://www.zerohedge.com/political/mar ... rds-techno
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Pensions and Unemployment Benefits

Unread postby AdamB » Sun 15 Jun 2025, 17:51:14

$this->bbcode_second_pass_quote('theluckycountry', '
')A mouse pusher who made billions riding the techno gravy train.
https://www.zerohedge.com/political/mar ... rds-techno


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Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Pensions and Unemployment Benefits

Unread postby theluckycountry » Sun 15 Jun 2025, 19:15:49

That bald toad would be one of your hero's wouldn't he adam? Anyone who talks tech and has made billions selling unneeded product to an unsuspecting population gets worshiped over there. It's the American way, the people don't mind at all, they just want to rise up out of the muck and be like them.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Pensions and Unemployment Benefits

Unread postby AdamB » Mon 16 Jun 2025, 16:00:57

$this->bbcode_second_pass_quote('theluckycountry', 'T')hat bald toad would be one of your hero's wouldn't he adam?


?

I posted a picture of you, Polly, not bald toads. Matter of fact, aren't all toads bald? Certainly never seen one with hair, but I can't say my expertise is the hair care of amphibians.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Pensions and Unemployment Benefits

Unread postby theluckycountry » Tue 17 Jun 2025, 02:25:38

When your country is no longer your country.
$this->bbcode_second_pass_quote('', '.')..published a comprehensive overview on the riots in California last week, but I also want to examine how we got here in the first place and why many foreign governments are so intrusive when it comes to US immigration policies.

Think about it for a moment and ask yourself: Why is the rest of the world in our business? Why do they care if we have tighter controls on borders and stricter vetting for immigration? Why don’t foreign governments also complain about Chinese immigration standards, or Saudi Arabia’s standards, or even Australia’s standards? Why does everyone else think they have a say in how America handles immigration?
https://alt-market.us/and-so-it-begins- ... civil-war/

I don't see the problem myself? America was always a melting pot, welcoming immigrants from all over the world whereas we other nations for the most part kept our ethnic line tighter. The former colonies of Canada and Australia and New Zealand have small allotments of other nationalities in but typically kept a firm hand on Who and From Where. A big part of this immigration was to maintain the growth rate so as older generations could collect a fat government pension in retirement. And it's worked :)
America on the other hand is a lot like the ukraine (perhaps that's why so many identified with it over the Russian special operation?) The ukraine is a region composed of peoples from all the neighboring counties, Russians, Poles, etc. America is a lot like that, a place where people just drifted in a settled over the centuries.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Pensions and Unemployment Benefits

Unread postby AdamB » Tue 17 Jun 2025, 08:18:05

$this->bbcode_second_pass_quote('theluckycountry', '
')$this->bbcode_second_pass_quote('', '
')Think about it for a moment and ask yourself: Why doesn't Australia kick out more Nobel Prize winners? Ok...so sure we started off with criminal DNA, and can't build anything of note, but we've created some well known actors and actresses (who fled to America because of the fires and strange animals that can kill you and whatnot, but DAMN can we stamp those bananas! Why don't we get credit for that?
https://alt-market.us/and-so-it-begins- ... civil-war/

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Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Pensions and Unemployment Benefits

Unread postby theluckycountry » Wed 18 Jun 2025, 02:43:28

America’s Retirement Crisis Hits a Breaking Point
May 8, 2025
$this->bbcode_second_pass_quote('', '
')Retirement security in the United States is at a critical turning point. As the Baby Boomer generation ages, the nation now has more retirement-age individuals—and more households relying on Social Security—than at any point in history. Yet the program is paying out more than it collects, and without legislative action, the Trust Fund will be depleted within a decade. Meanwhile, most private retirement savings have shifted to market-based accounts like 401(k)s, exposing near-retirees to financial volatility they cannot control. This dual vulnerability—an underfunded public system and risky private savings—demands urgent political action to secure promised Social Security benefits, strengthen the Social Security Administration, and pursue economic policies that safeguard household retirement wealth from avoidable market shocks.

Retirement security in the United States is entering its most precarious moment in decades...

Tell us something we don't know Teresa, but the other problem is, the people effected are simply sitting on their hands and doing nothing about it. Not that there is much they can do, but they could certainly get out of debt and pair back consumption, save a little for the biblical flood so to speak. Perhaps extract some of those funds out of accounts and allocate them to a secure investments outside of the paper pyramid. Even a plot of dirt in the Colorado high country would be better than Tesla shares or NY city skyscrapers.


https://www.economicpolicyresearch.org/ ... king-point

State and local government pensions fare no better of course
$this->bbcode_second_pass_quote('', 'N')early two decades after the GFC, state and local governments are paying record amounts into their public pension funds, yet they still face significant challenges:

America’s pension plans still have $1.34 trillion in unfunded liabilities as of June 2024, and unfunded liabilities have been persistently over $1 trillion since 2008.
The average pension plan funded ratio has not rebounded to pre-Global Financial Crisis levels, and is currently at a fragile 80.6% as of June 2024. (And this is the 17th consecutive year of a fragile funded status.)
https://equable.org/pension-debt-paralysis-persists/

The states are technically bankrupt. California touts it has a great economy...
$this->bbcode_second_pass_quote('', 'T')he debt load is large but manageable
The state of California has the nation’s largest amount of tax-supported debt outstanding at $96 billion in 2022 (most recent data available)
https://www.nuveen.com/en-us/insights/m ... et-picture

05 Aug 2024 was the article and 2022 is the best data they could come up with :lol:
California is hiding something... I wonder who holds all that crap paper. A case of musical chairs.

And just a day ago.
$this->bbcode_second_pass_quote('', 'F')aced with paying hundreds of sex abuse claims, The L.A. school board approved the sale of up to $500 million in bonds to settle lawsuits.authorizes up to $500 million in bonds


Just stick in on the never never LA, with luck you politicians will be out of power with your golden parachutes before it all collapses.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Pensions and Unemployment Benefits

Unread postby AdamB » Wed 18 Jun 2025, 20:07:46

$this->bbcode_second_pass_quote('theluckycountry', '[')b] America’s Retirement Crisis Is Sure Better Than Being Uneducated in Australia....they are so dumb they can't find the gold they buried in their back yard!
https://www.economicpolicyresearch.org/ ... king-point



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Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Pensions and Unemployment Benefits

Unread postby theluckycountry » Wed 18 Jun 2025, 21:11:26

Image

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We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Pensions and Unemployment Benefits

Unread postby theluckycountry » Sat 25 Oct 2025, 20:13:37

Social Security, Medicare Are ‘Going to Be Gone,’ Donald Trump Warns
$this->bbcode_second_pass_quote('', '.').. if the Democrats don't approve Blah Blah Blah.
...when he asked Democrats for feedback on the funding bills, one said, "It means death." "There's nothing about death," Trump said. "Theirs is death because they're going to lose Medicaid, they're going to lose Social Security, they're going to lose Medicare, all of those things are going to be gone because the whole country would be bankrupt, and you're not going to have any kind of medical insurance."

Typical disjointed statement from the narcissist in chief, but lets back up a minute.

" the whole country would be bankrupt? " The whole country is already bankrupt, it's actually in a worse state than the USSR was before it voluntarily collapsed. Yes that's how it happened, overnight they just collapsed the system, no more pensions to old people, no more government jobs doing nothing. It was an insane free for all. Is it possible to do such in the US? It would certainly allow many of the elites to finally retire, walk away from those indebted corporations they run, corporations all tied to oil consumption, all dead soon anyway. The political fallout wouldn't be that bad either, nothing would change in fact because the Democrat voters would blame Trump and the Trump voters the Dems.

Sure there would be rampant crime but they have that there already. Deaths? (excess deaths rather) naturally, just like in Russia, but people could grow little gardens and all that. If they do a Big default they can wipe the board clean of all debts and the banks can claim all capital assets. Then reintroduce a new currency system, digital of course, and start paying out some basics. A sort of new, new Deal.

A pawn has stepped up and thinks it is a queen, but at the end of the day it will follow the orders of it's superiors.


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We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Pensions and Unemployment Benefits

Unread postby AdamB » Tue 28 Oct 2025, 12:11:13

$this->bbcode_second_pass_quote('theluckycountry', '
')A pawn has stepped up and thinks it is a queen, but at the end of the day it will follow the orders of it's superiors.


Like code! A nobody, you, suddenly decides that in order to deal with servicing your King need to pretend to be his Queen! And of course this makes staying on your knees more palatable....you are just happier doing what you are told! Just about everyone who ever graduated the 9th grade is your superior, so that could be a different issue.

Any American would just tell you to grow a pair. I heard a Chinese pilot flipped off some Australian pilot recently and he broke into tears and ran home to Mommy? Australian military folks are more Raygun than Topgun?
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Pensions and Unemployment Benefits

Unread postby theluckycountry » Thu 30 Oct 2025, 02:01:55

California's Retirement Fund Lost 71% Of $468M Investment In Clean Energy And Won't Say How
Tip of the iceberg. Trillions will be revealed lost when the tide finally goes out on rebuildable investments and AI investments. If you think you have a good nest egg for retirement, think again.
$this->bbcode_second_pass_quote('', '
')The losses highlight growing concerns about the pension giant’s private equity strategy, which relies heavily on opaque, illiquid investments and leaves taxpayers ultimately on the hook.
https://www.zerohedge.com/energy/califo ... nt-say-how

Remember the GFC? In a single week 50% was knocked off the value of equities. It will be worse this time, and no bailout. The Great Reset.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Pensions and Unemployment Benefits

Unread postby AdamB » Fri 31 Oct 2025, 13:57:14

$this->bbcode_second_pass_quote('theluckycountry', '[')b]California's Retirement Fund Lost 71% Of $468M Investment In Clean Energy And Won't Say How
Tip of the iceberg.


Did you miss this part? Probably, no one says you ever READ the articles you reference.

CalPERS’ overall returns for fiscal 2024–2025 were 11.6%, with public equities returning 16.8% and private equity 14.3%.

Hard for it to be trillions when their overall returns, while not great, are hardly in the red, and the investment itself isn't in the trillions. Lose it all....not a single trillion lost. So they should probably stay away from things that don't work, and focus on getting the more normal public and private equity returns.

Do you even stop for a SECOND before stepping into a pile of your own horseshit that demonstrates you can't be bothered, or don't know HOW, to read the next paragraph of your ATTENTION GRABBING claim that supports what you believe? Which is it? And do you HAVE to be so slack jawed silly and make this so easy? All Australians CAN'T be as stupid as you are trying to make it appear.....CSIRO folks seemed perfectly normal, perfectly qualified PhD types.....go get one of them to post just to balance out you being an uneducated halfwit. Although, to get back to an average Australian's intelligence, you might need two.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Pensions and Unemployment Benefits

Unread postby theluckycountry » Sat 01 Nov 2025, 23:17:22

The U.S. Retirement System Will Fail Most Future Retirees
https://www.forbes.com/sites/teresaghil ... -retirees/
The U.S. Social Security Crisis Is Closer Than You Think
https://finance.yahoo.com/news/u-social ... 07700.html

It's been well documented for years but the average person, having the survival instincts of a Doughnut, will watch from their lounge chairs as the semi-truck runs over them.



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We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Pensions and Unemployment Benefits

Unread postby theluckycountry » Sat 01 Nov 2025, 23:20:46

A retirement crises!
Image


Yes, for the little people.
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We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Pensions and Unemployment Benefits

Unread postby AdamB » Sun 02 Nov 2025, 15:29:28

$this->bbcode_second_pass_quote('theluckycountry', '
')It's been well documented for years but the average person, having the survival instincts of a Doughnut, will watch from their lounge chairs as the semi-truck runs over them.


So then below average people like you, with the intellect of a parrot, watch from a couch pillow instead? Or as below average as you, maybe you just sleep on the highway on a foam mat?
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Pensions and Unemployment Benefits

Unread postby theluckycountry » Tue 04 Nov 2025, 21:45:36

Oh I forgot! Trump is going to fix everything. Just like Biden fixed everything, and Obumma fixed everything over his two terms....

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We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Pensions and Unemployment Benefits

Unread postby theluckycountry » Tue 04 Nov 2025, 21:48:17

A Man of the People, for the people. Well at least of the Burger grubs.

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We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Pensions and Unemployment Benefits

Unread postby AdamB » Tue 04 Nov 2025, 22:12:34

$this->bbcode_second_pass_quote('theluckycountry', '
')Image


I gotta ask Lucky....are you gay? No big deal to me, you not being on the same continent, or having a brain, but your fascination with Americans...and particularly men.....is a little bit of a tell...you know what I mean?
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Pensions and Unemployment Benefits

Unread postby theluckycountry » Wed 05 Nov 2025, 04:36:35

The Australian Government old age pension pays around $2400/mth for a home owner, more for renters. This is backed by the vast resources of the nation, a nation of only 27 million people. Funding it is a simple matter as we are not mired in debt not have a debilitating military budget to fund.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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