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Inflation caused by a retired work force tends to correct itself - those retirees on a fixed income are incentivized to return to work. Whether those retirees
by taylodl 3y ago
Inflation caused by a retired work force tends to correct itself - those retirees on a fixed income are incentivized to return to work.
Whether those retirees can successfully return to some form of work will often hinge on their country's health care system - not for the retirees, but for the middle-aged generated that will become retirees. That is where the United States is already running into issues.
- kwere 3y agoChina health care system is based on their single offsprings, that will be forced to shift hours from working/consuming to taking care of their elderly + offsprings. 8 Grandparents, 4 parents to take care on 2 working adults + 1 or more childrens. UnSustainable