Germany, world's 3rd biggest economy, has a failing pension system due to ultra-wealthy not being taxed [Video]

Original title: Pension crisis in Germany – what happens next? | Focus on Europe

More and more young people in Germany are questioning whether their pensions will be enough to live on in the future. At the same time, many retirees are already struggling financially today despite having worked for decades. The federal government is planning a major pension reform – and initial proposals have now been put forward. But will that really be enough?