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German pension system is also unsustainable [0] and [1]. Form [1] "State pension obligations in France and Germany are three times the size of their economies,
by antman 12y ago
German pension system is also unsustainable [0] and [1]. Form [1] "State pension obligations in France and Germany are three times the size of their economies, according to data compiled by Mercer. It’s more sustainable in France than Germany because of France’s higher birthrate. "
It is just that during the Greek system villification, equivalent problems in German economy are suppressed in German media.
[0] http://www.frdb.org/upload/file/boerschenglish.pdf http://www.frdb.org/upload/file/boerschenglish.pdf
[1] http://www.bloomberg.com/news/articles/2012-01-11/europe-s-39-trillion-pension-threat-grows-as-regional-economies-sputter http://www.bloomberg.com/news/articles/2012-01-11/europe-s-3...