Although Germany's economy is slowing down and "15% of the elderly and pensioners are now categorized at poverty level," Germans may have to work into their 70's "To pay for the hundreds of thousands of refugees on welfare."
The economic bill for maintaining the flood of unskilled, uneducated migrants in Germany is high and rising, as each year more arrive, and even official estimates consistently go up.
What is the cost of the mass wave of immigration on Europe, and in particular Germany - the country whose leader, Angela Merkel, infamously declared "Refugees Welcome" in the fateful summer of 2015 causing asylum seeking migration to spike?
Just 5 months later another Economist, Dr Bernd Raffelhüschen, had calculated the total amount of debt incurred to pay for the mainly Arab, 70% unskilled migrants, would balloon to €1.5 TRILLION over their stay in Germany.
By February 2017, Merkel's OWN economic advisor, Hans-Werner Sinn, was warning that total costs could reach €340 Billion, almost 10% of Germany's total GDP that year.
This will undoubtedly place a significant burden on the dependency ratio - those people who work to sustain those who don't and live on state aid - which shall force German pensioners to work longer, and increase taxes for every German.
Bear in mind that the economy is already slowing down and that 15% of the elderly and pensioners are now categorized at poverty level according to DW.com - the largest such group in ageing Germany.
https://www.jihadwatch.org/2018/05/germans-may-be-forced-to-work-into-their-70s-to-pay-for-muslim-migrants-on-welfare
The economic bill for maintaining the flood of unskilled, uneducated migrants in Germany is high and rising, as each year more arrive, and even official estimates consistently go up.
What is the cost of the mass wave of immigration on Europe, and in particular Germany - the country whose leader, Angela Merkel, infamously declared "Refugees Welcome" in the fateful summer of 2015 causing asylum seeking migration to spike?
Just 5 months later another Economist, Dr Bernd Raffelhüschen, had calculated the total amount of debt incurred to pay for the mainly Arab, 70% unskilled migrants, would balloon to €1.5 TRILLION over their stay in Germany.
By February 2017, Merkel's OWN economic advisor, Hans-Werner Sinn, was warning that total costs could reach €340 Billion, almost 10% of Germany's total GDP that year.
This will undoubtedly place a significant burden on the dependency ratio - those people who work to sustain those who don't and live on state aid - which shall force German pensioners to work longer, and increase taxes for every German.
Bear in mind that the economy is already slowing down and that 15% of the elderly and pensioners are now categorized at poverty level according to DW.com - the largest such group in ageing Germany.
https://www.jihadwatch.org/2018/05/germans-may-be-forced-to-work-into-their-70s-to-pay-for-muslim-migrants-on-welfare
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