It’s not that simple. The demographic age profile is already a time bomb
Too few youngsters paying for too many fogies.

The public sector unaccounted pension debt is a crisis that no government can ignore but neither will unions let them address it.

There is a stupid assumption in the stock market on which all are told to invest for pension that there must be a buyer for every seller. It is simply not true. As more fogies cash in investments there are too few youngsters to buy them.

Worse, there is a ratchet. As public sector take out far too much with their defined benefits , and retire too early, and since central bankers killed return, the ratchet will destroy private sector pensions all together. Because It is a zero sum game. MPs are a disgrace for hanging on to defined benefits.

There is a catastrophe coming.
Buy gold and put under your bed!






Quote Originally Posted by Witton Park View Post
They aren't talking about it because their evading the reality of their position.

We constantly hear politicians and experts telling us we need migration in the West because we aren't having enough kids.
Well just maybe, we should allow the population to fall naturally and reduce the pressure on resources.