Pensions and europe

The pension systems in Europe are a pyramid scheme and I will prove it to you.

For the pension system to be sustainable it needs at least the average number of children per couple to be higher than 2. This means that most couples must have 3 children, which means that the population has to be constantly growing.

This meets the requirements of a pyramid scheme, Madoff would be proud.

When the equation breaks down, i.e. when not enough new members enter the system, the scam collapses. In the case of Europe the average number of children per couple is barely 1.5 which means that the population is decreasing, this generates a huge deficit in the pension system to the point of making it unsustainable. 

In most European countries you are not paying your pension, you are paying the pension of current retirees, another characteristic of pyramid schemes.

In conclusion, before 2040 most of the European pension systems will fail, you will not receive a pension or your pension will not even be enough to buy bread. 

But luckily I have a solution, save in Bitcoin.