Sometimes you ask yourself, will the Germans never learn or is just another form of “this time it’s different”?
The crux of being a low-wage country, no, THE low-wage country in Euroland, and having no other business model than exports has its effects on demography down the road and pretty fast so. A catastrophic demography coupled with wage deflation generates quite some problems. Such as what do we do with our old people? Care is expensive and many of these people just do not have the money.
The solution: outsourcing the old the east. Bloomberg has a story, aptly titled
Sonja Miskulin has forgotten her beloved cat, Pooki. She can’t remember whether she has grandchildren and has no memory of her nine-hour journey one recent Sunday to forever leave behind her home in Germany.
Suffering from dementia, the wheelchair-bound former translator celebrated her 94th birthday in a Polish nursing home last month. Her daughter sent her there in a bid for a better life and more affordable care.
Miskulin has joined the vanguard of a controversial movement:emigrant nursing home residents. The “Grandma export” trend has set hands wringing in Germany, where Munich’s leading newspaper denounced it as “gerontologic colonialism” and compared it to nations exporting their trash. Yet more families like Miskulin’s say it’s their best option to provide a dignified old age for elderly parents — and save money — amid a lack of affordable quality care at home. One in five Germans would now consider going abroad for a nursing home, according to a March survey by TNS Emnid, one of Germany’s biggest pollsters.
“I can only say, children, when your parents get older, send them to Poland,” said Miskulin’s 66-year-old daughter, Ilona von Haldenwang. ….
full article here
Oops, some rephrasing would be advised. You know what can happen with lax articulation.