[geggo98]

> Pension: Germany has a pyramid scheme and it collapsed a while back.

The system did just fine, but was plundered by politics. During the German reunification, the people from the former Eastern Germany were added to the public pension fund without ever having anything payed in. This drastically increased the amount of recipients without bringing in additional money.

Politics decided that. They also decided to not put any tax money in the pension pool to re-balance it.

No matter how you design a pension fund: If you bring in an additional country as recipients without any additional capital, that pension fund won't survive.

[1]: https://www.bpb.de/politik/innenpolitik/rentenpolitik/290963...