Jump to content
House Price Crash Forum
Sign in to follow this  
interestrateripoff

Things To Look Forward To

Recommended Posts

http://www.economist.com/world/internation...ory_id=11849226

AS any amateur futurologist can tell you, the rich world is rapidly getting older. By 2050 more than a quarter of the developed world’s population will be over 65. At the moment, that group makes up about a sixth of the rich-world population, and only about 25% of them are over 80. In 2050 the octogenarians and their elders will comprise 40% of the 65-plus cohort in wealthy countries.

This greying of the prosperous parts of the world has long been foreseen, if not very well prepared for. Much less well known is the fact that well-off countries are far from alone in facing the prospect of an ageing population. Babies born today in poorish countries such as Thailand or Jamaica can reasonably expect to live into their 70s. And as more and more Indians and Chinese escape from poverty, they too will have much longer spans (see chart).

By 2050 the percentage of the Indian population over 80 will have risen fivefold, and the same segment in China will have gone up six times. Such changes happen for two reasons: people’s general health is better, meaning they wear out later, and preventable deaths of the relatively young are, in fact, prevented. As anti-retroviral treatment for HIV/AIDS becomes more common, childbirth safer and malaria more treatable, people will die at a more advanced age. By 2050 close to 80% of all deaths in the world are expected to occur in people who are older than 60.

While people of 59 or under die in any number of dramatic ways, people on the other side of 60 face three possibilities which between them carry off most of the elderly, whatever their economic circumstances. Each peaks in a different decade, and each produces a different sort of end of life.

The first is cancer: most victims function reasonably well before entering a steep decline. Cancer deaths peak at 65-plus, and more and more sufferers recover. If they do, two other clouds appear on the horizon. One of these is chronic organ failure and the other is frailty, dementia and decline. Chronic problems with an organ—usually heart disease or emphysema—bring a gradual decline punctuated by severe episodes, such as a heart attack or lung failure.

Dementia or frailty can mean a long, poor-quality end of life. As more cures are found for cancer, and sensible types give up smoking and bacon, more people will find that a slow decline is the meagre reward for their virtuous behaviour. That applies to developing countries as well as rich ones. There has never been a bigger need for cheap, effective treatment for diseases of the old, such as Alzheimer’s (see article) or for easier access to pain relief and reliable care.

Just what I thought we could all do with a cheery article highlighting all the positives we've got to face in the future after the current crisis is over with :)

So when we all recover from cancer we've got chronic organ failure to look forward too.

I can't wait.

Maybe by 2050 house prices will have recovered?

Share this post


Link to post
Share on other sites
Guest DissipatedYouthIsValuable
http://www.economist.com/world/internation...ory_id=11849226

Just what I thought we could all do with a cheery article highlighting all the positives we've got to face in the future after the current crisis is over with :)

So when we all recover from cancer we've got chronic organ failure to look forward too.

I can't wait.

Maybe by 2050 house prices will have recovered?

A few supply shocks to pharmaceuticals and the demographic landscape could change pretty quickly.

Share this post


Link to post
Share on other sites

I keep harping on abotu this but one of the best things you can do is go out and spend £8 on 'Life Lessons - What Our Mortality Can Teach Us About Living' by Elisabeth Kubler-Ross.

It basically is numerous accounts from those who are dying, sometimes of old age, sometimes from illness, about the important things in Life.

Share this post


Link to post
Share on other sites
Guest DissipatedYouthIsValuable
I keep harping on abotu this but one of the best things you can do is go out and spend £8 on 'Life Lessons - What Our Mortality Can Teach Us About Living' by Elisabeth Kubler-Ross.

It basically is numerous accounts from those who are dying, sometimes of old age, sometimes from illness, about the important things in Life.

'The Tibetan Book of Living and Dying' is pretty good too.

Or for hardcore Boddhisatvas, 'The Tibetan Book of the Dead'

Share this post


Link to post
Share on other sites
'The Tibetan Book of Living and Dying' is pretty good too.

Or for hardcore Boddhisatvas, 'The Tibetan Book of the Dead'

Teach the doctrine, donkey boy, some have their eyes only lightly covered with dust.

Share this post


Link to post
Share on other sites
'The Tibetan Book of Living and Dying' is pretty good too.

Or for hardcore Boddhisatvas, 'The Tibetan Book of the Dead'

Thatll be a book Alistair darling hasnt read.

Share this post


Link to post
Share on other sites
Guest DissipatedYouthIsValuable
Teach the doctrine, donkey boy, some have their eyes only lightly covered with dust.

As a side effect, would it free me from the cycle of collecting fiat currency to pay to keep out of jail?

Share this post


Link to post
Share on other sites
As a side effect, would it free me from the cycle of collecting fiat currency to pay to keep out of jail?

Did for me. Sortof.

Just need faith, I reckon. Oh and to pay attention.

Share this post


Link to post
Share on other sites
I'm pretty sure I'm going to die at some point. It runs in the family.

Life is a sexually transmitted disease, invariably fatal.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 401 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.