@i_contemplate_ @henrydampier I'm not AU, but some people with three letter titles call them ponzi schemes instead. http://kintan.com/The%20Great%20Australian%20Superannuation%20Ponzi%20Scheme%20v3.2.pdf …
@wrathofgnon @henrydampier Agreed, just dispute that defined contribution funds such as Superannuation Australia or 401ks are 'pyramid sch'
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@wrathofgnon @henrydampier Okay that's a good point then - the favor to allocate to Oz equities makes it suspect. -
@i_contemplate_ @henrydampier Pensions can work in two ways: save and pray it kept value or invest in futures and pray nothing changes.
End of conversation
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