Bawww - the moos aren't going to like this August 22, 2014 | Registered: 15 years ago Posts: 6,607 |
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The world is graying at a break-neck pace and that's bad news for the global economy.
By 2020, 13 countries will be "super-aged" -- with more than 20% of the population over 65 -- according to a report by Moody's Investor Service.
That number will rise to 34 nations by 2030. Only three qualify now: Germany, Italy and Japan.
"Demographic transition ... is now upon us," warn Elena Duggar and Madhavi Bokil, the authors of the Moody's report.
"The unprecedented pace of aging will have a significant negative effect on economic growth over the next two decades across all regions."
They cite Conference Board estimates that rapid aging will knock nearly one percentage point off global growth rates over the next decade.
According to Moody's, Greece and Finland will turn "super-aged" next year. Eight countries, including France and Sweden, will have joined them by 2020.
Canada, Spain and the U.K. will be "super-aged" by 2025, and the U.S. will follow by 2030.
The problem isn't confined to Europe and North America. Singapore and Korea will be in that category by 2030, while China will also face "severe aging pressures."
Aging populations create problems because there could be fewer working people to drive economic growth and support the retired population.
The report's authors say that this demographic trend will lead to a decline in household savings, which in turn will reduce global investment.
But policymakers can minimize the impact by encouraging immigration to expand the workforce, and by investing in technology to help workers become more productive.
Other measures could include policies to keep people in work by raising the retirement age or enticing stay-at-home mothers to return to their jobs.
Re: Bawww - the moos aren't going to like this August 22, 2014 | Registered: 12 years ago Posts: 2,430 |
Re: Bawww - the moos aren't going to like this August 22, 2014 | Registered: 19 years ago Posts: 9,206 |
Re: Bawww - the moos aren't going to like this August 22, 2014 | Registered: 9 years ago Posts: 379 |
Re: Bawww - the moos aren't going to like this August 22, 2014 | Registered: 10 years ago Posts: 623 |
This, in spades. Uncontrolled and continuous growth in the body is cancer. How is it a good thing to keep producing more people to buy more useless junk? Especially when decent jobs are few and far between, even for educated people? Oh yeah, quarterly profits! As a wise person said, humans aren't the only species on the planet--we just act like it.Quote
bell_flower
The whole "growth" model is bullshit anyway. Only new housing starts are included in it. It doesn't count re-modeling of existing houses, which is better for the environment and it provides people with jobs.
"Growth" = trashing the environment, ponzi schemes, etc. We need to have a sustainable economy using existing resources. I welcome the graying of the populations because then maybe people will stop destroying the environment (cheap Chinese crap) for the sake of Da Childrun, so that Da childrun can have a "better" (more consuming) lifestyle than their parents did.
ETA: And maybe if people didn't have loaves they can't really afford, they could afford to properly save for their retirement.
Re: Bawww - the moos aren't going to like this August 22, 2014 | Registered: 13 years ago Posts: 12,440 |
Re: Bawww - the moos aren't going to like this August 23, 2014 | Registered: 10 years ago Posts: 201 |
Re: Bawww - the moos aren't going to like this August 23, 2014 | Registered: 11 years ago Posts: 672 |
Re: Bawww - the moos aren't going to like this August 23, 2014 | Registered: 15 years ago Posts: 12,447 |
Re: Bawww - the moos aren't going to like this August 23, 2014 | Registered: 10 years ago Posts: 201 |
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kidlesskim
I am a bit disturbed over so many articles/new stories being circulated of late that seem to be vilifying the elderly population in one form or another. These stories are giving the impression that the elderly are a sick, disabled, money-less bane to society when that simply isn't true. While there are some disabled indigent elderly, as there are disabled indigent in EVERY age group, the majority are relatively healthy, able to live on their own and maintain their own homes, and are financially secure, at least that's true of most of the elderly with whom I am acquainted. I don't personally know any elderly people who solely rely on social security as their only source of income or who are on Medi-CAID. EVEN IF some elderly do rely on social security or Medicaid as their only source of income or insurance, they spent 30 plus years paying INTO social security. I am sick of the argument that young people pay the elderlys' social security because they are only referring to it where it applies to the elderly being on the receiving end. WHO, the fuck, do they think paid in for the generations before the current population of elderly?
Now that we have one in sixty-eight babies being born with Autism, along with an unprecedented number of "special needs" kids, like never before seen in history, THESE are the blood suckers of the social security system in America who will ONLY draw from the well while NEVER putting anything back in. SO, fuck the people who are blaming the elderly for doing nothing more than aging because it's the babies being born today and in the past 25 years who are and who will CONTINUE TO bleed social resources dry. One other thing I'd like to clear up for these ignorant fuckers is this Medi-CAID is the social freebie medical care that all the indigent kids are receiving and Medi-CARE is insurance that the elderly PAY for each month, based on heir eligibility and income. Medicare is neither cheap NOR is it free. :headbrick
Re: Bawww - the moos aren't going to like this August 23, 2014 | Registered: 12 years ago Posts: 1,450 |
Re: Bawww - the moos aren't going to like this August 23, 2014 | Registered: 13 years ago Posts: 2,704 |
Re: Bawww - the moos aren't going to like this August 23, 2014 | Registered: 19 years ago Posts: 9,206 |
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Now that we have one in sixty-eight babies being born with Autism, along with an unprecedented number of "special needs" kids, like never before seen in history, THESE are the blood suckers of the social security system in America who will ONLY draw from the well while NEVER putting anything back in
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I'm in my 50's. I've had a job since I was 16 years old. I have been paying into the system all that time. I also pay high property taxes for schools that I won't ever need. Each year SS sends me a future benefit statement based on what I've paid all these years. And after all this, some person has the gall to suggest that I, and others like me would be a leech on the system??
Re: Bawww - the moos aren't going to like this August 24, 2014 | Registered: 9 years ago Posts: 259 |
Re: Bawww - the moos aren't going to like this August 24, 2014 | Registered: 11 years ago Posts: 804 |
Re: Bawww - the moos aren't going to like this August 24, 2014 | Registered: 13 years ago Posts: 12,045 |
Re: Bawww - the moos aren't going to like this August 24, 2014 | Registered: 13 years ago Posts: 7,858 |
Anonymous User
Re: Bawww - the moos aren't going to like this August 24, 2014 |
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stillwaters
Once the boomers start retiring, maybe the rest of us can have a chance to build a life with a reasonable paycheck!
Re: Bawww - the moos aren't going to like this August 25, 2014 | Registered: 9 years ago Posts: 379 |
Re: Bawww - the moos aren't going to like this August 25, 2014 | Registered: 13 years ago Posts: 1,735 |
Anonymous User
Re: Bawww - the moos aren't going to like this August 26, 2014 |