China’s increasing indebtedness is kept off the books in opaque “financing vehicles” used by local governments. Include everything and China’s total public debts are over 120% of gdp, and will rise to nearly 150% by 2027, on imf forecasts. Such levels of debt are affordable only becaus...
from 600 million to 1.1 billion.The experience of the 20th century,when greater longevity translated into more years in retirement rather than more years at work,has persuaded many observers that this shift will lead to slower economic growth,while the swelling (扩大的) ranks...
Even the flight out was entertaining. Filled with some group named “Club Tour” that seemed composed entirely of pensioners who had never been on an airplane before. Picture the stereotypical grandmother learning to use technology for the first time, then fill a plane with her in varying stages...
Pension freedoms and the ‘pots for life’ talk– Ditto wondering how best to invest your pension, drawdown an income, or manage your money to make it last. Today’spensionersoften hit these questions without giving them any thought beforehand. Future pensioners who’ve hung around geeky FIRE ...
Addressing a gathering during the Bharat Jodo Yatra here, he supported Rajasthan Chief Minister Ashok Gehlot’s allegation that the media was not giving enough coverage to the Yatra and claimed it was being done at the behest of the central government. “India is a democratic country and separat...
£22bn hole in the public finances. when asked to define who a working person was, she declared: “someone who goes out to work for their income.” that leaves owners of businesses and other assets and pensioners as likely targets. her decision to stop the extra £200 or £300 ...
Pounds 100-A-WEEK BOOST FOR PENSIONERS; Huge Rise in Minimum Income Believed to Be on the Way - but OAPs Are Still ScepticalInternational relationsRead the full-text online article and more details about Pounds 100-A-WEEK BOOST FOR PENSIONERS; Huge Rise in Minimum Income Believed to Be on ...
in snapping up Irish properties.'A lot of pensioners are using their pension money to buy investment properties or homes for their children. They are not buying bank shares and interest rates don't yield the same return as a property with a sitting tenant.'We have also seen a lot of ...