Stan Druckenmiller, legend of the hedge fund world says he sees 'massive' problem caused by ageing
Oh ... wait ...
OK. Nope, not his ageing .... its population ageing he is talking about. That's good.
- An aging population will present a "massive, massive problem" in 15 years
- "The young people are not going to be talking about cutting back," Druckenmiller said ... There will be nothing to cut back."
- Says costs of Social Security, Medicare and Medicaid will bankrupt the nation's youth and eventually result in a crisis worse than the financial meltdown of 2008
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If you're a young person reading this, stop right now.
Go and get a job, or a second, maybe third job.
Pay more tax.
I ain't gettin' any younger ya know.