rapsuperstar31 said:
Going to be interesting to see how long the young are able to support the elderly when there are not enough young people to work and contribute to the economy to support health care. As I was typing this I thought Japan, Italy and Spain were going to be the first big case studies coming up based on the percentage of young vs older population of countries I've visited. But damn did a quick google lookup before posting and wow South Korea is going to be the first country in a lot of trouble from this and very soon. I may have to rethink my retire in Marbella or Algarve around 2050 strategy. |
Yes, it will be very interesting because at the same time there is a lot of people that want more taxes to support the elderly and society as a whole. As the working force gets smaller and smaller and burned with more taxes people will start to see the elderly as the new elite. To some extent I kind of agree because there is a lot of people, especially in rich countries that do not need state assistance considering the assets the acquired during life. It wouldnt be like this if the pension system wanst literally a piramyd scheme.
Will be very interesting to see the outcome.
