4 ms·
I'd argue that it was sustainable as long as there was a uniform age distribution. The trouble is that the locals weren't reproducing at a rate high enough to p
by snovv_crash 8y ago
I'd argue that it was sustainable as long as there was a uniform age distribution. The trouble is that the locals weren't reproducing at a rate high enough to pay for their own pensions, so a quick fix is to bring in foreigners to fill the gap.
- g8oz 8y agoA longer term fix would be to fund pensions by taxes on wealth rather than income. At least to the extent of the deficit caused by the difference in age distribution.