Looks like we’ve got a little problem here. Feels like maybe this isn’t discussed enough? The recent pension reform still fell way short of rectifying it.
Source: FT https://giftarticle.ft.com/giftarticle/actions/redeem/f475a6a6-ae49-4fa1-b8c2-7780ea29ca9c Can Europe still afford its generous state pensions?
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bizzybee6666
1 comment
These calculations are rubbish because they assume that we will go until 2070 without making changes. First of all, nobody can predict actual size of the economy until 2070. And second of all reforms to pension systems happen all the time. Any analysis that assumes that the rules will stay the same for the next 45 years is bullshit.