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The Langers Forum
Pre Celtic Tiger Ireland
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<blockquote data-quote="Account Attempt No.4" data-source="post: 7048291" data-attributes="member: 45328"><p>Most countries in the world have this aging issue now. Unless you were spared WW2 or have high immigration; shits gonna get difficult.</p><p></p><p>Japan (27% - double South Korea) being the most obvious example; and they still completely refuse to normalize immigration. China will make Japan look like a cake walk in ~30 years, when their idiotic 1 child (in turn caused female infantcide) policy truly sets in.</p><p></p><p>How it gets solved is anyone's guess. State pension funds are not built for OAPs living into their 90s. So you either keep robbing from the young (which most countries do); raises taxes; or let the pension not track inflation (see S Korea).</p></blockquote><p></p>
[QUOTE="Account Attempt No.4, post: 7048291, member: 45328"] Most countries in the world have this aging issue now. Unless you were spared WW2 or have high immigration; shits gonna get difficult. Japan (27% - double South Korea) being the most obvious example; and they still completely refuse to normalize immigration. China will make Japan look like a cake walk in ~30 years, when their idiotic 1 child (in turn caused female infantcide) policy truly sets in. How it gets solved is anyone's guess. State pension funds are not built for OAPs living into their 90s. So you either keep robbing from the young (which most countries do); raises taxes; or let the pension not track inflation (see S Korea). [/QUOTE]
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