for display only
Big Blue Interactive The Corner Forum  
Back to the Corner

Archived Thread

NFT: 'World getting 'super-aged' at scary speed'

sphinx : 8/22/2014 1:24 pm
LONDON (CNNMoney)
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.


continued - ( New Window )
Nuke the nursing homes  
njm : 8/22/2014 1:29 pm : link
.
better access to health care  
spike : 8/22/2014 1:36 pm : link
will do that.
developed countries are aging  
chris r : 8/22/2014 1:38 pm : link
not developing ones. All the more reason to be bullish about a relative catchup.
what is a "relative catchup"  
Bill L : 8/22/2014 1:42 pm : link
?
Ice floes.  
Cam in MO : 8/22/2014 1:43 pm : link
...

RE: what is a  
Cam in MO : 8/22/2014 1:44 pm : link
In comment 11819536 Bill L said:
Quote:
?


That homemade crap with too much sugar that your aunt brings to family reunions.


Bill L, something that is  
bob in tx : 8/22/2014 1:44 pm : link
legal in Arkansas?
a closing of the gdp gap between  
chris r : 8/22/2014 1:45 pm : link
developing and developed countries.
RE: what is a  
kickerpa16 : 8/22/2014 1:47 pm : link
In comment 11819536 Bill L said:
Quote:
?


When different performance metrics of countries increase relatively more to other countries. GDP (levels and per-capita, ...), etc.



RE: what is a  
kickerpa16 : 8/22/2014 1:48 pm : link
In comment 11819536 Bill L said:
Quote:
?


And it's typically a poorly used metric by most people when you hear about it in newspapers.
Good. Hopefully  
Metnut : 8/22/2014 1:48 pm : link
some of the boomers will finally retire and recent college grads and gen-exers can find work and/or get promoted.
RE: RE: what is a  
Bill L : 8/22/2014 1:48 pm : link
In comment 11819551 kickerpa16 said:
Quote:
In comment 11819536 Bill L said:


Quote:


?



When different performance metrics of countries increase relatively more to other countries. GDP (levels and per-capita, ...), etc.




Thank you.

Is this important in the context of the OP?
That trend will only get worse in the 2020s...  
manh george : 8/22/2014 1:50 pm : link
as more and more diseases become long-term chronic instead of fatal, and symptoms of ultimately fatal chronic diseases are limited. Many cancers will go that way. Better treatment of heart disease. Vastly better treatment of Diabetes 2.

It isn't just that more people will last beyond 65. it's that many more of those who reach 65 will last well into their 80s.

With birth rates in developed nations continuing to stabilizing at such low levels, this is likely to get very messy. The average total fertility rate in the US peaked at 3.7 in the late 1950s. It's now 1.8.



buy Depends stock  
gtt350 : 8/22/2014 1:50 pm : link
.
Eh, depends.  
kickerpa16 : 8/22/2014 1:51 pm : link
It has both within and between country implications, so it's whichever is more important to you. I tend to focus more on within country changes ( or focus on the developed world), so I'm not too enamored with it.
That's what I would think  
Bill L : 8/22/2014 1:58 pm : link
whether other countries catch up to us doesn't really help with the problem of who will support us when the larger proportion of people aren't working.
It does if you think that better educated  
kickerpa16 : 8/22/2014 2:00 pm : link
foreign workers will produce higher quality goods, if more of our population is retired or working in service sectors, but that's a relatively minor effect.
From an employment persepective  
Mark from Jersey : 8/22/2014 2:28 pm : link
I would think no big deal...Unemployment is high as workers die off, new blood takes their place, filling gaps...that being said you do have tech. improvements that will continue to put preasure on jobs long term.

The bigger issue is less people means less demand for goods. Lots of houses/apartments may be vacant.

Japan will be interesting to watch in this regard...they have a very large elderly population.
Notice the present relativity  
Sammo284 : 8/22/2014 2:28 pm : link
That all three of those nations were the Axis powers in WWII. I'm sure there is some interesting analysis that explains this in regards to these three being currently on the list.

But overall the problem is that you have a huge postwar boon of population that is retiring and overall growth is subsiding as fewer people have children and those that do have essentially replacement level families (ie two people having two children).

Historically population growth has been held in check in one way or the other by extensive wars and occasional famine and bouts of diseases.
Robots will replace young people  
spike : 8/22/2014 2:32 pm : link
.
And yet..  
FatMan in Charlotte : 8/22/2014 2:43 pm : link
the number of hospitals and hospital beds has dropped almost 30% since 1985.
FM  
RB^2 : 8/22/2014 2:57 pm : link
I think a lot of that has to do with out-patienting a lot of procedures.
Awakening...  
BCD : 8/22/2014 4:50 pm : link
yo watch this!!!
RE: what is a  
buford : 8/22/2014 5:03 pm : link
In comment 11819536 Bill L said:
Quote:
?


When you grind up your relatives and bottle the juice.

That's what I got out of it.
RE: Good. Hopefully  
buford : 8/22/2014 5:04 pm : link
In comment 11819554 Metnut said:
Quote:
some of the boomers will finally retire and recent college grads and gen-exers can find work and/or get promoted.


Sorry, we can't afford to retire.
Don't worry, the rapture will take care of it  
Ben in Tampa : 8/22/2014 5:48 pm : link
duh
Back to the Corner