Damus
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FLASH
@flash
⚡️🇫🇷 NEW - Retirees in France now have higher incomes than workers

This isn’t a stable political equilibrium:

“Not only do French pensioners receive larger cheques from the government than their counterparts anywhere else in the west, they start getting them several years earlier.

The result is a situation in which over-65s now have higher average incomes than the working age population — unique both internationally and in France’s own history.”
131❤️7👍2
FLASH · 2w
🗞️ https://www.ft.com/content/d419bd2d-a6ba-44a5-a93a-1276f3e5d2d7
JdM · 2w
Lol
Dug · 2w
Is this where the Ponzi tips from being unstable, to wildly unstable?
Selim · 2w
What could go wrong
Raison d'État · 2w
A French friend messaged me yesterday to ask if I knew of any jobs she could do here. Is willing to work some jobs well beneath her. France is becoming a source nation for economic refugees...
The Bitcoin Act · 2w
Yep, around 1–2% higher on average, depending on the exact metric
umni · 2w
France could unlock many jobs that are currently unprofitable for businesses to fill because of regulation. Problem is if they reduce regulations regulations the unions protest for "worker protections". I guess they are right, if there is no job there's no worker that can be harmed. If the EU do...
the wise rabbit 🐰⚡️ · 2w
Tell me it’s a Ponzi scheme without actually telling me it’s a Ponzi scheme.
21seasons · 2w
They have fucking worked at least 3x more hard and 3x longer.
Hypno | seedkeys.xyz · 2w
It doesn't look like the right link. I saw this one: https://archive.is/WZor7