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Comment by cedws | Hacker News Reader

UBI is never coming man. Rich countries don’t even properly provide healthcare or take care of pensioners, let alone handing everyone a paycheck every month for doing nothing.

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UBI is intended to replace Pension Funds, which are collapsing because they were forced to invest in government bonds. ECB had negative interest rates for a long time, and pensions need 8% to survive. There is an imminent sovereign debt crisis which will probably start in the UAE or somewhere in the Middle East. So UBI is simply a rebranding of Pensions.

> Rich countries don’t even properly provide healthcare

ONE rich country doesn’t. The rest are great.

Even countries with public healthcare struggle to provide it at a good level of quality. For instance in the UK where I'm from getting medical attention for anything less than a heart attack is difficult to impossible. Family members have suffered as a direct result of the poor quality care we have.

The NHS is much better for most people than what the US has, but I don’t think a person on earth would suggest using it as a model to build great universal healthcare.

Is it? From what I hear US healthcare is good, just expensive. As long as you have money you can get the help you need. Which is the same in the UK to be fair, we just end up having to pay for both public and private healthcare.

> As long as you have money you can get the help you need

Tens of millions can’t pay for it, and virtually everyone else is chained to their job because of it.

UBI not coming cus its not possible economically.

It is absolutely possible economically. It may not be possible politically (right now) but that's a very different reason.

Explain how it is possible economically, debunk all arguments experts have claimed of it being mathematically unfeasable, you can use GPT latest deep research extended thinking consortium. Thanks

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