Germany’s aging population is dragging on its economy—all of Europe will soon be affected, and it’s only going to get worse

https://fortune.com/europe/2024/05/29/germany-aging-population-economy-europe-growth-productivity-workforce-imf/

by Cool_Distribution860

21 comments

  1. Then allow legal visa applicants to come in instead of endless refugees

  2. The problem is one of our own making. Only reason so much labor is needed is because of economic system based on overworking, overconsuming and waste.

  3. either go all-in into raising fertility by making having kids an actual positive financial decision, which will be very expensive, or we have to wait until technology can somehow replace elderly caretakers..

  5. those rich b*stards who got richer because thats all our politicians wanted should start f*cking eachother like the 16’s and make a lot of kids, since they are the only ones who can afford to have them.

  6. Man, being a Gen Z is so great… I want a time machine.

  7. Is this a boomer problem I am too young to care about? Stop importing leeching parasites and let the overpopulation solve itself, there’ll be more room for everyone.

  8. So instead of bringing this to a G7 public discussion to help improve infrastructures that support birthing and raising more children domestically. Let’s bring in more imports and add to the ongoing healthcare and socioeconomic problems we’re facing.

  9. We could talk all day about retirement age. But in my view, it is also retirement conditions.

    On one hand, a large part of retirees didn’t “pay enough” to earn a pension. Las time I looked at it, in my country, the contributions to the public pension fund were averaging around 30% of the benefits received. And the rest is paid by the active workers. So the system is unjust to start with. We can’t leave pensioners to fend for themselves; we have given them an expectation that their hard work will earn them a retirement. But it is big time it is made sustainable, difficult and at times wildly unpopular as it is (remember when France tried to raise the retirement age?)

    And on the subject of sustainability. A retiree in my country is almost forbidden by law to have any source of income besides their pension. It is not exactly illegal, just so difficult and risky that it is just not worth it for a retiree to pick up some jobs here and there to complement their pension (and contribute with a little bit of taxes). It is nuts. Pensions are breaking the system and pensioners can’t help make things better even if they really want to.

    Politicians are scared to death of pension reform. It is a metric shitton of voters that are easy to keep happy, and leave a bigger mess (i.e., deficit) to the next ones. We really, really need better politicians.

  13. I mean isn’t every western country affected by this? And what does Japan do different? They are in population decline – why isn’t their economy collapsing?

  14. can we put a EU-wide plan to finance R&D on AI and robotic now that everyone understand there a population crisis or are we going to buy once again US and Chiness product?

    and please not something that only benefit a few country but the whole “federation” budget so we don’t loss years fighting where the jobs will go

  15. Good title to get the clicks and engagement. Europe will turn out fine.

  16. The population of young Nigerians is booming. The choice is yours Europe.

  19. If only there was a population of working age people willing to come to your country to build a life for themselves and their families…

  21. It doesn’t help we can’t get by with a single language like the USA, China, Japan etc. Most proffessionals want english friendly, they won’t lower their quality of life.

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