2 ms·
Germany has one of the worst demographics that means people are mass retiring with plump pension plans but there are not enough younger workers to replace them
by sremani 4y ago
Germany has one of the worst demographics that means people are mass retiring with plump pension plans but there are not enough younger workers to replace them reducing productivity and taxes. So either the retirees give up their pensions or the workers get shafted with higher taxes. US has this problem too, but in the European welfare state this is much more acute. In the middle of this, Germany has to re-build its decayed Armed forces given the war in Europe.
If you are economic immigrant to Germany make it transitionary, your ultimate destination should be preferably outside of Europe.
- mantas 4y agoThen wages should be growing fast with pensioners spending their wealth on ever-more-expensive services.... Yet this doesn't seem to be happening?