They are in deep crisis and plan to tax and spend their way out if it. Lower retirement age to 60 as well.
How long before it all blows up? You just know it will, but the timetable is not certain.
So, tax the snot out of the few people making any money, spend like there is no tomorrow, and lower the retirement age (thereby adding more people to the list of folks receiving social benefits payments). All this during a period of economic uncertainty. Well, this is going to get ugly.