Fyldewhite
Tour Winner
And what happens when those people retire? It's not sustainable to be forever importing young people to support an increasing number of retirees.
That view sort of assumes that life expectancy will continue to rise like it has done this last 50 years. It won't. Also, pensions are changing and in a generation the burden will be nothing like it is today. The next 20 years or so will be the peak (the baby boomers) and the pressure will start to flat line.....it will still be much higher than it used to be but much more sustainable. No need to import constantly in huge numbers as a big influx now (when it's needed) will give a welcome boost to the birth rate, a key factor in all this. Crystal ball would be good but I see Germany more prosperous in 30 years as a result of forward thinking now.....and that future prosperity is what I think this is all about.