Germany still a concentration camp
This is about one aspect: the old age benefits.Though there r many civil servants for whom this blog does not apply the majority in Germany has to pay every month a percentage of their wages as well as their employers to the Deutsche Rentenversicherung. U need at least 5 years to get the basic old age benefit. This is about 650 Eur/month.
Now imagine u get indebted. They can take from u what u did pay in. U may loose any claims for old age benefits and become a case for social welfare (Hartz IV) in ur old days, though u may have been working a long time or all ur life.
Diabolic, isn't it!
Comments (18)
U cannot pay the debt on the real estate which u bought. It is sold by force (bailiff) for a low price.
biggest plus for proporty owners here been constant price raise each year. So if you loose your job or some shii just sell qiuckly and you should be in the plus. Norway that is.
We must be the kuwait of europe. So beck to germany, i dunno but i think the blog sound abit over degative.
I mean in most cases, if you get dept in a normal economy you should expect to pay back shouldn't you.
Well done Norway I will google your country and see what it is made of
Gotta go now have good evening people
No i have no clue. Ask blue.
It seems if it dose not help the oil companies or the big multinationals they are unmoved . They also want to cut services in order to have there big tax cut . It isn't hard to see who's side they really are on .
Bankruptcy should be discouraged. That's how u build an A+ economy. Look at us or the UK. We have excellent, super lenient, social benefit schemes and everyone's always exploiting that in the dirties of the manners... then have a look at our (or the UKs) economy ... we're always struggling! why's that? tax evasion is a major cause!! Bankruptcy is not quite that but definitely on same lines init?
Feel free cos that is important!