BY TYLER DURDEN
MONDAY, JUL 07, 2025 – 05:00 AM
Submitted by Thomas Kolbe
If you’ve ever wanted to witness the slow-motion collapse of a Ponzi scheme, you might want to keep an eye on Germany’s public pension system.
Rhetorically and politically sugar-coated as a “pay-as-you-go” system — where today’s workers finance the retirement of yesterday’s — this bureaucratic redistribution leviathan is utterly dependent on an ever-growing pool of contributors. Problem is: Germany is aging, shrinking, and losing its industrial base.
Just in time for this demographic crunch — declining birth rates, increasing life expectancy, and longer pension payout durations — policymakers have decided to torch what’s left of the country’s industrial foundation in a green frenzy. Year after year, around €70 billion in value creation is being sent up the chimney, while more than half a million jobs have disappeared in recent years. That’s half a million fewer contributors to the pension Ponzi.
Please read more at the below link
https://www.zerohedge.com/markets/germanys-pension-ponzi-scheme-collapsing-what-comes-next