Stan Druckenmiller sees massive problem caused by aging: Stan Druckenmiller sees massive problem caused by aging: - Talk of The Villages Florida

Stan Druckenmiller sees massive problem caused by aging:

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Old 05-21-2015, 01:50 PM
Villages PL Villages PL is offline
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Default Stan Druckenmiller sees massive problem caused by aging:

http://finance.yahoo.com/news/stan-d...VfMQRzZWMDc3I-

From the above link: "Druckenmiller, 61, has argued for several years that the mushrooming 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."

What do you see as a possible solution, if any?
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Old 05-21-2015, 03:24 PM
manaboutown manaboutown is offline
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Teach people to lead unhealthy lifestyles so they will not live as long. Eat lots of fatty red meat, cook with lard, smoke cigarettes, drink large quantities of alcohol, never exercise. Don't eat any vegetables. Consume lots of sugar and salt. Enjoy a short but sumptuous and gluttonous life!
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Old 05-21-2015, 03:24 PM
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Cisco Kid Cisco Kid is offline
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Quote:
Originally Posted by Villages PL View Post
http://finance.yahoo.com/news/stan-d...VfMQRzZWMDc3I-

From the above link: "Druckenmiller, 61, has argued for several years that the mushrooming 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."

What do you see as a possible solution, if any?
The solution is have the people that run the welfare department run Social Security and Medicare and Medicaid. You never hear about them running out of money.
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Old 05-21-2015, 03:33 PM
Villager Joyce Villager Joyce is offline
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Manaboutown and Cisco: both are excellent suggestions.
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Old 05-21-2015, 03:41 PM
JRichm369 JRichm369 is offline
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The problem with healthy living is limited red meat, lots of organic vegetables, No alcohol, Lots of exercise, Healthy living. You really do not live any longer, it just seems like it.
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Old 05-21-2015, 03:48 PM
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The problem with healthy living is limited red meat, lots of organic vegetables, No alcohol, Lots of exercise, Healthy living. You really do not live any longer, it just seems like it.
Your last sentence is right on target! When it's your time, it's your time.
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Old 05-21-2015, 03:57 PM
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Quote:
Originally Posted by Villages PL View Post
http://finance.yahoo.com/news/stan-d...VfMQRzZWMDc3I-

From the above link: "Druckenmiller, 61, has argued for several years that the mushrooming 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."

What do you see as a possible solution, if any?
We need to stop government waste on things like toilet seats and hammers, and properly fund medicare and stop stealing from social security. Baby boomers' kids are not having children at the same rate baby boomers' parents did, so after we are all gone, perhaps the population explosion will level off.

In no way did Druckenmillar have anything to say about diet. It is all about finances. He went on to tell people with whom to invest their money--young investors with mouths to feed at home. They tend to study the market better and bring back greater returns because they themselves need the money.

Financial problem; economic solution.
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Old 05-21-2015, 04:05 PM
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Quote:
Originally Posted by CFrance;1063***
We need to stop government waste on things like toilet seats and hammers, and properly fund medicare and stop stealing from social security. Baby boomers' kids are not having children at the same rate baby boomers' parents did, so after we are all gone, perhaps the population explosion will level off.

In no way did Druckenmillar have anything to say about diet. It is all about finances. He went on to tell people with whom to invest their money--young investors with mouths to feed at home. They tend to study the market better and bring back greater returns because they themselves need the money.

Financial problem; economic solution.
- I haven't seen any up to date data, but the last I did see indicated we could expect a new population explosion related to the millions of illegals who will be given status here. They come largely from countries with higher fertility rates than ours.
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