Ready For Cutbacks in The Welfare State?

This is really eye-opening. If you think you will maintain your living standard in retirement, think again. Not only in Italy, a similar pattern exists in Spain, Germany and Poland.

Pensions and healthcare systems as we know them will cease to exist. Are you ready for poverty? pic.twitter.com/V539JA2DKk

— Michael A. Arouet (@MichaelAArouet) May 19, 2026