Former Deutsche Bank Chief Economist Prof. Norbert Walter: Germany Will Have ‘An Old Age Poverty Problem’ Close To 10 Years From Now

Germany’s Time as Paymaster Is Running Out: Economist (CNNBC, Mar 5, 2012):

As the euro zone’s biggest economy, and one of its most successful in recent years, Germany has shouldered the burden of helping to bail out more troubled euro zone nations

This can only last for another few years, as the country’s aging population will need to be looked after, Norbert Walter, chief economist emeritus for Deutsche Bank and managing director of Walter & Daughters Consulting, told CNBC Monday.

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