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    Well I did understand, Ross, that the 5 trillion quid on State-pensions is calculated protracted over both the present and the future.
    And that pensions are spent in the economy and partly go back to the Treasury in the form of taxes, be it fuel tax, VAT or taxes paid on the profits of businesses such as shops, wherever pensions are spent.

    But according to "The End of Britain", pension liabilities will snowball.

    So is there a pension crisis looming, yes or no? Just one answer.

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