FT: Germany calls for more immigrants to fix its shrinking economy (archive.ph)

submitted 1 year ago by Blaze@discuss.tchncs.de to c/europe@feddit.de

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cross-posted from: https://lemmy.world/post/6837465

Even though right-wing politicians decry immigration (because it's a populist viewpoint), they secretly or openly want more. Countries without low immigration will lag economically compared to countries with high immigration such as the US.

Original link: https://www.ft.com/content/de913edd-71d1-4a36-b897-091125596952

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[-] frostbiker@lemmy.ca 0 points 1 year ago* (last edited 1 year ago)

The point of a pension fund is for the ongoing contributions of currently working folks to bring in enough new capital that people withdrawing don’t feel the effects of their contributions from 40 years ago having lost value against inflation.

No, that is not how long term investments work. Try reading about the subject and improve your own finances along the way. Investments typically grow faster than inflation, so the longer the original investment was made, the more money you have today.

this post was submitted on 15 Oct 2023

81 points (90.1% liked)

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