Horrors! Germany Will See a Decline in the Ratio of Workers to Retirees Over the Next Fifty Years

Yep, that's right, just as it did over the last fifty years. Nonetheless, the NYT thinks we should be very worried telling us:

"The population shift will be a major problem by 2060, when there will only be 1.3 workers per retiree, against 2.3 now."

Of course if we go back 50 years it would have been almost 5.0 workers to retiree. (The OECD puts the ratio at 4.9 in 1964, compared with 2.9 today and a projection of 1.5 in 2064.) So basically we will see the sort of demographic crisis going forw...