I have no idea what the plan is for Italy, Portugal, Spain, and South Korea.
They're all aging incredibly rapidly and the first three have generous pension systems that are going to be impossible to reduce
They're all aging incredibly rapidly and the first three have generous pension systems that are going to be impossible to reduce
The thing is that it's not that cheap a country anymore and salaries are still quite low compared to the larger EU economies. Housing is a lot cheaper in Italy (another country with a large diaspora in the Americas).