Check Out What the Greeks Are Having to Do: Raise Their Retirement Age...by Force » Publications » Family Security Matters: "No sooner had we posted our last observation about the critical need for the FY 2011 federal budget to include a rapid increase in the eligibility age for Social Security and Medicare
than the news came on CNBC that Germany was forcing the Greek government to its knees to raise its retirement age
in return for any financial bailout assistance to help stabilize the euro. (see “Greek Debt.”)
They are taking the “radical” step of raising their retirement age to 63…from 61!
Good Grief! Imagine what sort of peace and prosperity the world would experience if America and the EU nations jointly raised their retirement ages to 70! The fears about every industrialized nation’s burgeoning debt would diminish, if not evaporate overnight and at least one major financial sword of Damocles would be put to rest."
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