Historically one cannot trust governments to make the right decisions, over many years they removed working tram, train modes of cheaper convenient transport.
Giving money never works no matter where in the world.., it creates a segment of society quite happy to live off the sweat of those who are prepared to put in a days work.
Charity starts at home then works it's way out further afield, once people in direct neighbourhood are fed and housed projects move to assist more. Idea is help a man to build a home and plant a field of food, he in turn helps the next, ripple effect to become self sustaining, not handouts, hard work!
Paid taxes all my life and still paying now, currently pension earnings I find taxes are higher than ever before which is disgusting!
I fully agree with these sentiments, act local build thriving local economies that are agile and sustainable and then save excess purchasing power in a method that doesn't get debased.
I find the pension system to be disgusting, its a slap in the face to everyone who busted their arses for years to support public programs with their taxes to only be handed a pittance for subsistence living, it's horrible.
Fortunately I never worked in/for government, however their hands are far reaching, knowing how to dive deep into your pockets at every turn!
Hopefully pension funds of those who have worked for the government, that government never get permission to "use" pension funds to pull them out of the shit hole they have created.
Well I wouldn't put it post them to force pensions to buy government bonds in a bail in, I wouldn't be surprised if they let the banks bail in with our deposits. Nothing is yours any more! Only hope I have at this point is BTC, if that lets me down I don't know where to hide my savings lol
A few eggs in different baskets (everything except government) in the foreseeable future. Bitcoin is going through doldrums of it's own at the moment, still holding position which is a good indicator considering the times we going through.