Basically, our gutless politicians (thieves) could not for the last sixty + years, keep their paws out of the cookie jar. They were supposed to have been saving up so that as we the "baby boom" generation would arrive at the end of our working lives with a massive stash of cash. Of course, our heroic political leadership had right in front of them, the one thing they could not resist. A pile of cash just sitting there for the taking. So, of course what did they do? Well they took it.! They just could not stand to see that money turn in to reserves which would fund our joint retirements. So what did they do?
Well of coure they spent the money which was supposed to be there to fund your retirement and mine. No, it does not make much difference which country you were from. They pretty much world wide were thieves who stole our retirement savings. There are a lot of our illustrious leaders, whom if there were justice in this world, would be taken out back and shot when they straggled in tomorrow for their make believe attempts at ethical behavior. As for the rest of them? They escaped ignominy by dying before they were caught!.
Brian