Population dynamics fascinate me. It is like waiting for an accident to happen. The UK is undergoing a dramatic transformation and we are simply not ready for it. Most people aren't even aware of the extraordinary ageing of the UK population that is now underway.
Take for example, citizens over 90; there has been a three-fold increase since 1971. The number is likely to triple again by 2031. Over-90s incur major medical costs. While we might be able to delay the retirement age by a couple of years, the typical 90 year-old is extremely unlikely to be a financially self-supporting member of the community.
I keep asking one question; who will pay for all those pensions?