“Demographics continue to define conflict in the Middle East. Here’s Egypt’s population by age group. In Western history, we showed in Financial Reckoning Day, the French and Russian revolutions also corresponded with epochs during which large cohorts of young people marauded about the countryside with nothing to do. Even here in the U.S., a restless band of baby boomers wreaked havoc in the 1960s… at least until the draft was abolished. If, as Auguste Comte suggested, ‘demography is destiny,’ we continue to wonder today what will happen to the West when hordes of those baby boomers, now old, have nothing to do… and no savings?”
http://dailyreckoning.com/baby-boomers-put-retirement-on-the-back-burner/
Related posts:
From Pinochet To Assange: A Tale Of Two Extraditions
The end of a world of nation-states may be upon us
IRS Targets Ron Paul's Campaign for Liberty
T-Mobile announces unlimited global data roaming at no extra charge
Air Force erases drone strike data amid criticisms
Watch the Insane Special Forces Raid Against Kim Dotcom
Washing Machine Tariffs Will Hurt Americans
The Bulgarian Government Is Sitting on $3 Billion in Bitcoin
Bitcoin Trading Notes: Market Momentum and Spread Trading
German Police Abduct Four Homeschooled Kids With Battering Ram
Female soldier gets jail time for fleeing to Canada
Can New UK Health Czar Cure NHS's 'Enormous Sickness'?
WSJ: White House Preparing Bernanke's Replacement
Everything You Need to Know about Bitcoins
Cameron, While Trying to Ban Internet, Praises Lapdog Press