Am I reading this right? Looks like SK is in for a whole lot of pain in the next 10-20 years with a population that is massively weighted towards older people, who are more likely to need care and services, and far fewer young people to be earning the money and paying the tax to fund it. Gulp.
Am I reading this right? Looks like SK is in for a whole lot of pain in the next 10-20 years with a population that is massively weighted towards older people, who are more likely to need care and services, and far fewer young people to be earning the money and paying the tax to fund it. Gulp.
Yes, they are in serious trouble.
And while the rest of the developed world seems to be following in a similar direction, they’ve been leading the way for years.