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Yeah the system doesn't work. Nothing has convinced me more of that fact than living in Germany has. If your system only works for a single generation in whic
by twixfel 2y ago
Yeah the system doesn't work. Nothing has convinced me more of that fact than living in Germany has. If your system only works for a single generation in which you have an unusually large working population and relatively few children and relatively few old people, then your system doesn't work. The German system never worked, it was always just running on borrowed time.
- Tainnor 2y agoThe system that Bismarck established in the 19th century "only works for a single generation" - sure.
- twixfel 2y agoBack when the life expectancy at birth was forty you mean? And the system has expanded greatly since then. Handouts for almost everyone except normal workers who pay the highest taxes on labour in the world after Belgium. And yes the system has stopped working now the population has stopped growing. Germany as an antiquated boomerocracy is unrivalled as far as I am aware.
- nyssos 2y agoLife expectancy at birth is irrelevant, people who die in infancy don't consume many resources at all. What matters is the percentage of the population that's of working age, and here Germany is fairly typical for a developed country.
- twixfel 2y agoIt matters in combination with the tax rate on the working population. There are huge transfers of wealth ongoing from the working class to the retired class of people, who are the richest generation in history. People need to wake up and protect their class interests an stop arguing for this German Ponzi scheme.