There have been a few articles in the media recently bemoaning the future facing us under-35's.
The BBC (HERE) has a discussion of how unfunded people's futures are at the moment. In addition (here) the current system we have of private pensions is providing less and less as the years go by.
However, the underlying story here is how the babyboomers are playing with fire. The current rate of their resource accumulation in society cannot be maintained for more than a few more years.
What will happen in 25 years time when the likes of I want to think about retirement but instead am paying massive taxes to fund the old who did not save for theirs whilst enjoying the good life.
There will be huge social implications to this and it will be a strong test of our society to hold things together. To some extent this almost cannot be avoided due to the huge mistakes the current government have made (see my previous posts); only the worst mitigated.
Could it lead to a generational war or revolution? I believe so.