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Spain & Greece Have The Best Pension/Salary Replacement Rate In The World
Spain & Greece Have The Best Pension/Salary Replacement Rate In The World
How much of your paycheck would a pension replace in retirement?
Depending on the country, the answer ranges from more than 80% to less than 20%.
This graphic, via Visual Capitalist's Dorothy Neufeld, ranks countries by their projected gross pension replacement rate, based on data from the OECD. The rate compares pension benefits with pre-retirement earnings, with both measured before taxes and contributions.
Estimates are for an average earner entering the workforce at age 22 in 2024 and include mandatory...
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Jul 16, 2026 / Tyler Durden
NYC Council Grapples With Debate Over Bill To Ban Horse-Drawn Carriages
NYC Council Grapples With Debate Over Bill To Ban Horse-Drawn Carriages
Authored by Nicholas Zifcak via The Epoch Times,
The family of Romanch Mahajan delivered emotional testimony over video link and in person on July 15, during a New York City Council hearing about a law that would phase out carriage horse rides in Central Park.
Tearful aunts and uncles of the deceased 18-year-old urged city council to outlaw the horse-drawn carriage rides and spare other families the grief they are still struggling to cope with.
The law, renamed in honor of the...
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Sep 1, 2026 / Murray N. Rothbard
Chapter V. Restricting Bank Credit: Proposals and Actions
Years before the English currency school made it famous, Americans were arguing for one hundred percent reserves, and some wanted banking abolished outright.
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Jun 30, 2026 / Tyler Durden
The Next Oil Rally Could Be Driven By Stockpile Refilling
The Next Oil Rally Could Be Driven By Stockpile Refilling
Authored by Irina Slav via OilPrice.com,
The Middle East conflict has disrupted more than 1 billion barrels of oil supply, but China's massive strategic crude stockpile helped offset the shock by sharply reducing imports, preventing oil prices from surging even higher.
Countries are now racing to build or replenish strategic petroleum reserves, with the IEA planning to refill the 400 million barrels it released during the crisis and major importers like India looking to expand their emergency stockpiles.
This wave of reserve rebuilding...
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