The Aging Population taking hold across the globe
The Aging of the Population isn’t a theme just playing out in the United States as the Baby Boomers move deeper and deeper into their golden years. As the chart below, this is a global issue.
At Tematica Research, It’s an investment theme that we look at from all angles: healthcare, financial services, autos, home building, services, etc. It’s a key component to our Thematic Index and a theme that we’ve made several successful investments around in the Tematica Investing service.
Chamie refers to this as “the jump from a Toys ‘R’ Us society to an Olds ‘R’ Us one.” Close all those tabs. Open this email.Get Bloomberg’s daily newsletter. Sign UpWhile the prospect of longer lives is a good thing, problems arise when a shrinking work force cannot foot the pension bill. Several decades ago, you could have had about 10 workers per retiree, but that could shrink to the point where in Italy, for example, you had three workers per retiree. While the political choices are unsavory — increase taxes or cut benefits — governments are running out of time to act.
Source: More Old Than Young: A Population Plague Spreads Around the Globe – Bloomberg
