did you know that Greek government employees get two months pay as a “holiday” bonus?
Meanwhile the sales tax is being raised to 21% to help for this largess.
Why should Germans work to age 70 or 76 so Greeks can retire at 50? 21% sales tax - that will kill any economy.
It might have been on the Lew Rockwell website (sorry), but There was a cool story somewhere on the internet quite a few years back, I remember about legacy pensions. It was something like “the international order of pineal water carriers”; but I can’t find anything cached. Basically, about 1,000 years ago the folks who would run ice/snow down from the mountains to the plains before the advent of refrigeration, they formed a union, had a pension, get this, that was transferable to spouses or children?
Anyway the windup was, the government was still paying out some pensions up until the 1870s or something like that. yikes.
I know and I wouldn’t blame anyone for not helping them out. They are like the guy making 25K a year, driving a Lexus, living in a Mcmansion, sending his kids to private school and belonging to the Country Club, asking me to bail him out.