> France pension system isn't close to bankruptcy. You are in the Euro zone now and whilst France, Germany and Italy are the main sponsors, I haven't forgotten

> France pension system isn't close to bankruptcy. You are in the Euro zone now and whilst France, Germany and Italy are the main sponsors, I haven't forgotten the Greek Govt crisis of 2009. I know Norwegians are paper millionaires because of where the Norwegian govt has invested like a state hedge fund, but start cashing that in and and like share prices, the status of paper millionaire will decline rapidly, in much the same way if Zuck cashed in his Facebook shares. > France isn't like the US were people are incentized to build equity for their retirement. I know, the price of some of your chateaux's are an absolute steal compared to UK houseprices. > The rule of the game here is that current employees pay for retirees and in exchange expect their pension to be taken care of when they are older. The rules are changing midway and people are upset about it. Well the US Boomer rhetoric perhaps exemplifies the younger generations dislike of their grandparents (and parents) being able to raise a family on one wage, job for life, afford a reasonable family sized home, and have a comfortable lifestyle and retirement, shows how some countries have kind of shafted their young. Here in the UK, the North Sea oil and gas revenues were _supposed_ to have paid off the UK's national debt, I see that hasnt happened! But with govt's like this, who needs enemies, when the vampire state sucks the life out of you with the "Death and taxes" idiom.