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Unfortunately that system isn't working for everyone. If you track the economic power of a country like Germany, their people should be wealthy beyond reason. I
by Proziam 6y ago
Unfortunately that system isn't working for everyone. If you track the economic power of a country like Germany, their people should be wealthy beyond reason. Instead, the people are becoming poorer each generation.
https://www.dw.com/en/poverty-increasingly-threatens-elderly-germans-says-study/a-50393805 https://www.dw.com/en/poverty-increasingly-threatens-elderly...
- pasabagi 6y agoThis seems like a typical outcome of Germany's approach to welfare in general - everything is extremely granular. Depending on what you're paid, how you work, and how long you've been working, you can expect utterly different benefits across the spectrum. Coming from a country with a flat pension, the difference is visible. There are a lot of really poor old people here. Then again, there are many fewer really poor young people.