Rapid aging in Singapore could halt economic growth by 2030: Moody’s

Singapore Business Review – Thu, Aug 7, 2014 11:31 AM SGT

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ricky l • a second agoRemove

Even old workers can work till 70 years old full of experience - and still can contribute to the Economy.

Old workers are not useless lah.

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EDDIE  •  22 seconds ago Report Abuse

I travel a lot and in Spore I see plenty of people not aging well...many in wheel chairs, hobbling on walking frames, limping. Sit in any coffeeshop and you see plenty of aged people whiling away their time. Go to any shopping mall and see the same.

It can only go worse. So those who thinks properties will stay up, I ask...who will be paying and paying? For those who thinks Spore will somehow grows its economy, I ask...how?

Spore faces a major crises already. The massive public works is a testimony to the need to keep the GDP going and not to be in a recession. But again, for how long?

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  ricky l • a second agoRemove

  I think you have not gone to a park where you can see many old people dancing, doing step-dancing, aerobics. doing taichi and some doing martial art, some jogging at good speed.