Global Pension Roulette: How Every Country Pays Its Elders With Tomorrow’s IOUs
Social Security Payments: The World’s Most Inclusive Lottery Nobody Wins Geneva, Switzerland — While Swiss bankers polish the brass nameplates that still read “Numbered Accounts R Us,” a far more democratic form of wealth redistribution is quietly taking place in 180-odd countries: governments mailing, wiring, or—if the local cell tower hasn’t been repossessed—WhatsApp-ing money to…
