[SkyPilot]

Pensions have effectively become Ponzi schemes.

A lot of retirement systems fall into the same category.

Some say Social Security is a Ponzi scheme. In many ways, they're not wrong.

The Stock Market? Most stocks in the stock market meet the SEC’s definition of a Ponzi scheme.

[Stevenfo]

I am from Illinois. I know two retired high school principals that get over $150K per year, and a superintendent who gets over $200K. At least two of them “spiked” their salary during their last year of employment to add about $15K to their retirement. The Illinois retirement system is obscene. No other state should have to help fix it.

[cuban leaf]

The Stock Market? Most stocks in the stock market meet the SEC’s definition of a Ponzi scheme.

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This is why I got out of the stock market.