The condition where there are too many pensioners and not enough money, causing resources to be diverted from other public needs.
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pension crisis
The condition where there are too many pensioners and not enough money, causing resources to be diverted from other public needs.
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Key Notes
He predicts a pension crisis will divert money from schooling, public schooling, healthcare, and almost everywhere else because pensioners are politically powerful and socially protected.
Timestamped Evidence
"...as you can see from these charts eventually there'll be a pension crisis where there are too many pensioners and not money. Well guess..."
"All right. Yeah. So what happened after the rich pension elders died? Like what about their money?"
"Do you want to deny healthcare and pension to your grandparents? So everyone will be for this. There's nothing we can do about it...."
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Western decline looks like immigration crisis, unaffordable housing, assisted death, fake prosperity, debt, surveillance, and war.
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