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Home » Archives » January 2009 » The world won't be aging gracefully

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01/04/2009: "The world won't be aging gracefully"


But if you think that things couldn't get any worse, wait till the 2020s. The economic and geopolitical climate could become even more threatening by then - and this time the reason will be demographics.

Yes, demographics, that relentless maker and breaker of civilizations. From the fall of the Roman and the Mayan empires to the Black Death to the colonization of the New World and the youth-driven revolutions of the 20th century, demographic trends have played a decisive role in precipitating many of the great invasions, political upheavals, migrations and environmental catastrophes of history. By the 2020s, an ominous new conjuncture of these trends will once again threaten massive disruption. We're talking about global aging, which is likely to have a profound effect on economic growth, living standards and the shape of the world order.

The rich countries have been aging for decades, due to falling birthrates and rising life spans. But in the 2020s, this aging will get an extra kick as large postwar baby boom generations move into retirement. According to the United Nations Population Division (whose projections are cited throughout this article), the median ages of Western Europe and Japan, which were 34 and 33 respectively as recently as 1980, will soar to 47 and 52, assuming no miraculous change in fertility. In Italy, Spain and Japan, more than half of all adults will be older than the official retirement age -- and there will be more people in their 70s than in their 20s.

[ And most of those people in their 20s and under will be NON WHITES. ]

http://www.washingtonpost.com/wp-dyn/content/article/2009/01/02/AR2009010202231.html?wprss=rss_opinions/outlook