I've previously posted about the relationship between slowing birth rates and the pension bubble that awaits much of the world including America's Social Security system. Elsewhere I've observed that retiree medical expenses are even a greater threat to municipalities and States than underfunded pension obligations. The federal Medicare program is in equally dire straits.
Two developing and related items for today. First, is a nice summary by The Telegraph of the looming threat to China's economic boom: a gender disparity of nearly 50 million females. This too should not be news to my readers who remember Regent's symposium "Endangered Gender" in the past spring.
Second, an interesting piece about the crisis in California's retiree health care program. A bit geeky for some but worth the read. The decades beginning in the 2020's will be tough here and abroad, which suggests [irony: ON] some medium-term thinking by our political leaders would be in order.
Two developing and related items for today. First, is a nice summary by The Telegraph of the looming threat to China's economic boom: a gender disparity of nearly 50 million females. This too should not be news to my readers who remember Regent's symposium "Endangered Gender" in the past spring.
Second, an interesting piece about the crisis in California's retiree health care program. A bit geeky for some but worth the read. The decades beginning in the 2020's will be tough here and abroad, which suggests [irony: ON] some medium-term thinking by our political leaders would be in order.
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