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by mensetmanusman 1051 days ago
I would say it’s been defunded relative to the expected pensioner to worker ratio.

Much of Europe went wild assuming that we would always have 5 to 7 workers per person retired to care for, and I won’t be surprised if we get down to 1 to 2 in the next 50 years.

That’s a type of system collapse people aren’t prepared for.