Saturday, October 16, 2010

More Strikes Loom in France's Pension Showdown

Even France's pension program is in debt. It's unsustainable.
"That, the government says, is necessary to finance a pension system that already runs a $13 billion annual deficit and will face a projected $123 billion shortfall by 2050 as a glut of baby boomers retire." Read Full Article

1 comment:

  1. http://www.cnn.com/2010/WORLD/europe/10/22/france.strikes/index.html?hpt=T1&iref=BN1

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