add these also: a) Analysis: China slides faster into pensions black hole QINGHAI, LEDU COUNTY, China (Reuters) - Eighty-year-old Chinese farmer Guo Shuhe receives a state pension equivalent to just $9 a month, not enough to buy a month worth of groceries, but enough it seems, to risk punching a gaping hole in government finances. Source: Reuters: Business News http://www.reuters.com/article/2012/09/30/us-china-pensions-idUSBRE88T0JP20120930?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29&utm_content=FaceBook
b)http://blog.thomsonreuters.com/index.php/spains-2013-budget-graphic-of-the-day/ Spain announced a crisis budget for 2013 based mostly on spending cuts in what many see as an effort to pre-empt the likely conditions of an international bailout. Today’s graphic shows the main elements of the budget’s reform plans and macro-economic forecasts.
And so on, pensions of other countries in Europe, US and others also falling
