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Holger Zschaepitz
@Schuldensuehner
Holger Zschäpitz is market maniac @Welt and Author of 'Schulden ohne Sühne?' a book on states' addiction to debt. Pics:
Joined May 2009
361 Following    378.1K Followers
Good Day from Germany, where the state pension system is set for reform. The current pay-as-you-go model is coming under growing pressure: fewer workers are paying in, while more retirees are drawing benefits. To ease the strain, the govt plans to add a funded pillar to the system. Following the Swedish model, employees and employers would each contribute 1% of wages into a share-based sovereign wealth fund, which will inject “at least” €30bn per year into financial markets.
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