You then also have the situation that in Italy the birthrate is 1.2 pr woman, and i Sweden 1.8. So who will finance the system when all are pensioners?
Posted by Paul at March 24, 2006 10:44 PM
If people build their own retirement funds their pensions will be met from their investment in the world economy, rather than from whoever are the current taxpayers locally.
Posted by Tim at March 25, 2006 09:38 AM
"Given the emotional suffering experienced by people as a result of lone parenting, teenage pregnancy and divorce..."
I can already hear the soppy Lefties screaming about how it is the Right who cause the suffering (by being so 'judgemental') - not the situations themselves. Bloomin' lefties.
Posted by Raw Carrot at March 25, 2006 10:37 PM
Tim
Building your own retirement fund won't be of any use to you unless you have people in your country producing goods and services to buy (doctors, nurses, bus drivers, shop assistants etc). If your country in future doesn't have workers, then you will have to move overseas.
Posted by Peter at April 5, 2006 09:37 PM
Peter,
If you don't have people producing goods and services in your country, then no one can live there!
If some people produce services, the market (i.e. those buying services) will determine what they are.
Posted by Tim at April 24, 2006 09:11 AM
Italy used not to pay lone parents much. Lo and behold, there were very few lone parents.