Hardly any other economy will be as affected by the demographic squeeze as Germany. The rapid ageing of the population means that fewer and fewer employees will have to finance a significantly growing number of pensioners. A rational mind would conclude that the number of hours worked per employee must increase, while the retirement age must be raised significantly and pension payments must at least be frozen in order to stabilize the system.
In the German case, however, we are dealing with politicians who have lost all touch with reality and find themselves in an ideological bubble. In this circulus vitiosus, politicians have succeeded in lowering the retirement age for certain groups, accelerating pension payments and at the same time significantly reducing the volume of work. The drastic way in which this policy works against the interests of its own population is unprecedented!