There are 46m people aged over 65 in the USA today, and there will be 56m by 2020, according to recent US Census Bureau data. By comparison, the number of those aged under 18 will be static over the same period at around 75m. And by 2035, there will be more people aged over-65 than under-18 […]
Chemicals and the Economy
Swiss pensions bankrupt by 2025: US Social Security by 2030
Nobody would imagine that the SFr 800bn ($840bn) Swiss pension scheme could go bankrupt. But Swiss pension experts suggest it “will be bankrupt within 10 years (without)…a radical overhaul of the retirement system.” The problem is simple – a combination of low/negative interest rates and an increase in life expectancy. A major analysis in the Financial Times […]
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