The German publication DWN has come out and warned that the German Pensions system is collapsing. They wrote:
The core problem of the German
economy and society is miserable demography. A positive development,
namely the increasing longevity of the population, is an extremely
negative groundbreaking, namely a small number of children. This is
reflected in one of the lowest birth rates in the world – and this has
been the case for decades. The record-breaking birth rate is by no means
rooted in a biological, but in deeper social causes and inadequate
policies at different stages. One consequence is a pension system that
is not sustainably financed , because the ratio of contributors and
receivers will drastically deteriorate.
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