I’ve seen the future, and it isn’t pretty. Check out an article in The Telegraph (U.K.) about the plight of elderly in South Korea. Hat tip to Drudge Report for the link.
The birthrate in South Korea has crashed, the pension levels are barely enough to live on, and Confucian norms of taking care of the elderly have broken down. Suicides among the elderly are up, and many are living in hovels.
Actually, I’m not sure you couldn’t find similar pockets of elderly poor here, although probably not as well-organized as there where they’ve seemed to congregate in one run-down neighborhood.
