Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

In the same category

overtheedge
Member since May 2012
680 commentaries - 6 followers

6 followers

has posted a comment on the article :

Japan's Graying Population Needs New Solutions, Not Old Failures - Nathan Lewis - New World Economics

"You might not like my ideas, but they are likely to come about, in some form, whether you like them or not."

Your right, I don't. But my likes or dislikes don't alter the coming reality.
If anything you sugar-coated the coming reality for not just Japan, but the entire world.

Historically speaking:
1. Extended family households were the norm.
2. There was only a small middle class.
3. There was a massive serf class.
4. A tiny uber-class
5. In the middle ages England, a serf's annual wages were about 1 pound sterling. 12ozt of 22 carat silver.
6. The manor brought in about 3000-5000 pounds sterling.
7. Although child mortality was high, once you reached young adulthood you would probably live to 50-60+ years old.
8. Everyone worked until they died.

Yes folks, coming to a theater (of operations) near you and sooner than you think.
Ever hear of reversion to the mean?

Good article. Thanks for reminding me of the coming attractions.

Commented 3510 days ago

Send

Beginning of the headline :In 1989, 11.6% of the population of Japan was over 65. In 2006, it hit 20%. In 2055, it is expected to reach 38%. I assert that it is possible to have economic abundance with a shrinking and graying population. But, not if you do things the same old way. How should a government deal with this? Care of the elderly has been a part of human society from prehistoric times. But, there have never been so many elderly. This is not a uniquely Japanese pro... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis