Yes it has always been like that. All my working life I have been paying for other people's pensions. And now those people working now are paying for mine as other people will pay for theirs.
Musk is an impressive entrepreneur.
However, the personality characteristics that makes a good entrepreneur and innovator, are not the same as the necessary skills to manage a mature and established business such as Twitter. This failure was expected from the start.
No matter where US citizens live, they remaim married: To the IRS.
Thai Banks fearing that the new administration will impose an "automatic reporting system" to the IRS for every US citizen living outside the US. Fearing that they would not be able to comply 100%. Thus fearing "repercussions" from the US, hampering their international banking activities.
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