Pensions, Promises And Lies

Since the beginning of history, most people toiled, tilled or hunted from puberty to old age. Then, in the 20th century, they retired. The idea of spending one’s golden years in comfortable leisure has evolved from a dream to an expectation to, in some countries, a constitutional right.  Now, we are going to discover whether the promise of perpetually funded retirement for the masses was only an exercise in self-delusion. …