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What has been
said?
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"The costs of global
aging will be far beyond the means of even the world's wealthiest nations—unless
retirement benefit systems are radically reformed. Failure to do so, to prepare early and
boldly enough, will spark economic crises that will dwarf the recent meltdowns in Asia and
Russia. For this and other reasons, global aging will become not just the transcendent
economic issue of the 21st century, but the transcendent political issue as well."
Pete Peterson, former U.S. secretary of commerce and Deputy Chairman of the Federal
Reserve Bank of New York |
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