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Year of the pensions CRUNCH: 2027 apocalypse
Comments
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HAMISH_MCTAVISH wrote: »It does work.
...
Don't you mean "it has worked" in the past, notably the rapid growth in the U.S population through immigration.
That doesn't mean it will automatically work in the future.
What if the majority of the population do not want greater numbers, particularly in places like the South East.
Are you suggesting we ignore their preferences?0 -
What if the majority of the population do not want greater numbers, particularly in places like the South East.
Are you suggesting we ignore their preferences?
No, I'm suggesting they'll need to pay a very significant financial price for that choice.
And that I believe if it was clearly explained to them just how large that financial price would be, they'd change their preference.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »No, I'm suggesting they'll need to pay a very significant financial price for that choice.
And that I believe if it was clearly explained to them just how large that financial price would be, they'd change their preference.
Good luck with that one.
Are you suggesting politicans and power makers paint a gloomy picture of the future, unless people accept sustained immigration ?
Politicians can only see up to the next election.0 -
I think you underestimate the objection to immigration Hamish. By a large degree.0
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vivatifosi wrote: »Therefore an individual who previously saved 10% of their salary for their pension in more risk-based assets would need to save 20% of their salary (but would be able to use less risky vehicles) in the future.
http://www.economist.com/node/21550307
I think this move is reflected in many private company pension schemes, the one I participate in has cut the exposure to equities from around 60-70% to 40-50%, and that is long-term as far as I can gather.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Don't you mean "it has worked" in the past, notably the rapid growth in the U.S population through immigration.
That doesn't mean it will automatically work in the future.
What if the majority of the population do not want greater numbers, particularly in places like the South East.
Are you suggesting we ignore their preferences?
Not the selfish Boomers again
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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