Rising numbers of older people across the continent are straining budgets and making for some difficult political decisions.
Paywall? https://archive.is/4rP84
Yes, it can. Tax the rich!
If nations stopped letting tax cheats dodge taxes, probably.
100% this. tax evasion, VAT evasion, corruption are the main culprits.
Yeah, yeah, we can — stop being so annoying. You keep pushing, over and over again, for people to sign up for bank pension plans because the system is supposedly going to collapse. Taxing large fortunes and multibillion-dollar corporations would solve this problem, like many others. Stop posting propaganda articles.
I’m all for taxing the ultra-wealthy, but from the calculations I’ve seen it won’t be nearly enough.
If you don’t like what I post you can always block me. I post articles I find interesting and relevant to the topic, ie Europe. It’s not like Lemmy is flooded with content anyway, and FT is a reputable source. Even if you don’t like it, a lot of people will read the article and have opinions; just have a look at the article comments on the site.
Don’t take it personally man, I wasn’t referring to you, I was referring to the FT itself.
I have seen those calculations saying that the system collapses in 10 years at least since the '70s, and here we are, they never take into account the rise in productivity and various improvements in the standard of living
Maybe you should have been clearer on that, because to me it reads like you were annoyed with OP.
But I agree the pension scaremongering we often see is exaggerated sometimes to the extreme.
And absolutely taxing the rich more is an option.I’m sorry, English isn’t my first language and I might not express myself as clearly as I’d like.
stop being so annoying
You forgot to specify who should stop being annoying. In your mind that was probably obvious when you wrote it, but you forgot to put yourself on the recipient side, where it is definitely not obvious.
It doesn’t seem like a language problem, but more like a logic problem many of us get wrong from time to time, it is far from only you.
We can all make similar mistakes, and we have to be conscious about communicating in a way that is not so easy to misunderstand to avoid it.
Okay, I may not have expressed myself well, I appreciate the correction and I’ll be more careful in the future
The metadata (finance) has never accurately represented the real economy and I think it’s particularly disconnected at the moment. For me looking at the real economic resources is much more revealing of where we are at, what’s possible, what isn’t.
In Germany, many old people are forced to collect bottles and get food from food banks because they cannot survive on what they get from the state. Lowering or stagnating that payment is impossible. Like most things it is just a wealth distribution issue imo
Yes. Yes it can.
Ever wonder how it is that the ratio of pensioners to workers has already increased dramatically compared to 50 years ago and yet there’s about enough food, housing and care produced today? It’s through dramatically increased producrivity of labour. Much fewer people can produce what the economy needs. So much so that we can even afford to sustain very large, mostly useless economic sectors like finance. We can even afford an ever growing oligarch class with private jets, yachts with smaller yachts for those yachts!
