If Italy really wanted young people to stop moving away, or even move in, they need to get rid of their pay-as-you-go pension system. Until then the negative feedback loop shall continue.

Reply to this note

Please Login to reply.

Discussion

It's that pretty much the same as how social security works in the US? Because I'm pretty sure I'm never going to collect on the money I put into that system.

Well, if you do it will be reduce after 2034.

Reduced*

Eh, it's no big deal. I have Bitcoin.