The Mudcat Café TM
Thread #120986   Message #2678995
Posted By: Richard Bridge
13-Jul-09 - 08:09 AM
Thread Name: BS: BNP: What would you do?
Subject: RE: BS: BNP: What would you do?
Equity plans will work if markets keep rising.

Property investment is not a bad wheeze, as if the population rises so must relative values of property - "Buy land, they aren't making it any more".

If course the Barbara Castle Graduated National Pension did depend on continuing tax take, but that's not quite the same as a Ponzi scheme.

The "exponential rises" is not quite accurate either. Shall we start another thread about it?