>Pension bomb — as you see, is about to go off in Europe. US is a bit safer in that regard as a younger country
The pension bomb is largely a US concept. In Europe the thinking is more you tax working people and use some of that money to pay pensions to the retired. If there are too many old and not enough young you'll get moaning that pensions are too low or taxes to high but not an bomb going off.
The pension bomb is largely a US concept. In Europe the thinking is more you tax working people and use some of that money to pay pensions to the retired. If there are too many old and not enough young you'll get moaning that pensions are too low or taxes to high but not an bomb going off.