@99dynasty
When I first moved to South Korea, witnessing the old people cleaning the streets at 4:30 in the morning ( cause that’s when they wake up ) after the young people trash it on a Saturday night was really a mind blowing thing. They didn’t seem to mind it, on one hand, I think they felt like they were supporting the youth, after all the youth need to party, and they received a small stipend from their city for contributing. It’s just one of the many unique things that you’ll never see in another country that makes Korea so interesting.
@pyrioncelendil
Defying physics is one thing, defying biology is another thing entirely.
@sheilasanderson9681
Almost 71 and I support my adult children and their families in lots of ways. I work hard to stay active. Being a burden is anathema to me but hopefully it will be a long time coming.
@johnfisher747
Italy having Europe’s oldest population makes sense when you look back to their mortality rate during Covid. It was used at the time to scare the bejesus out of everyone but turns out they just had a lot of old vulnerable people.
@scrappyquilter102
At 73 I finally retired but would have stayed working there if I could have been allowed to cut back to part time. Their loss...
@kenhorlor5674
The Scots taught the Koreans how to weld two halves of a ship together, they didn't think of it. The first time Korea tried, didn't work, so they looked around, asked Japan and they said get lost; so they went to Scotland and knowing their industry was in terminal decline, they said they'd do it. Task learnt, the Koreans then went back to Japan and said, see, we know how to do it now. And Japan said, well, good for you so we'll invest in you now, and they did. And that's how Korea became the second largest shipbuilder.
@massengineer7582
Is it just a coincidence or is it highly fitting that when Peter does a video about old people, he uses a voice that makes him sound like the old guy on The Simpsons, talking really loud because he's lost his hearing.
@tb8987
Glad Peter did not advocate for euthanasia as pessimistic as he can be recently... Old people are great. I'm so thankful that I can learn from them and work with them. I have two elderly part time employees that I bring in when they: want to come in, and we get more work than we could otherwise handle. Been a fantastic partnership!
@massengineer7582
Peter I'd like to hear a lot more on this topic and how countries can and have adapted to older societies. Need a lot more on this, not just another thousand videos saying country X is aging rapidly and going to collapse.
@johnthompson3226
The simplest way to adapt is to wait and see who's still standing. In 20 years, all newborns will have been born to mothers who bred regardless of all the cultural forces not to. We're in the middle of a huge cultural shift. Up until about 50 years ago, everyone bred, or at least tried to, whether they wanted to or not. Since then, the desire to breed has become far more significant. The next generations will be the offspring of only those who want to breed.
@rb2085
I think many seniors are willing to still work but on a part time basis , perhaps a three day work week and limited or no benefits.
@Ishkabibble-o8y
A well-known epithet for Peter: "As you are now, I once was. As I am now, you will one day be".
@movdqa
Employers aren't particularly interested in older workers, even if they need to or want to work.
@politicallyunreliable4985
"They saw this decades ago, but didn't do anything about it." Because we're only concerned about corporate profits the next fiscal quarter/year. Between the corps and the utopians, I guess we should be a little happy we're still here at all.
@CitiesForTheFuture2030
The current "old" population should be cherished & appreciated as they've seen and been through a lot (including various wars that secured the very democracies the current generation takes for granted & neglects). Older segments of the population are NOT economically inactive, it's the economy that doesn't credit them with their unpaid work, e.g. child minding grandkids while mum & dad work, helping out around the home while parents work, volunteering for NGOs that serve the community, knitting & crocheting and other donations for the less fortunate, supporting their adult kids when they get divorced or face unemployment etc etc etc. Where I live our community would fall apart if it wasn't for our elderly population - they volunteer at our library, tutor school kids, knit & crochet etc all sorts of things for the needy, take care of our first responders, support school fundraising efforts with baked goods etc or donate produce from their gardens for school meals & soup kitchens, help out at many NGOs the gov neglects (eg animal shelters & rescue centers) etc. In my country it's the grannies & grampas that raise the grandkids while parents seek work in the big cities. The formal economy doesn't recognise these contributions to society. If elderly folk were paid or assigned points for the many hours in service of their community / society they would probably be more productive than working adults - their contribution to society is "invisible", unappreciated & unrewarded. I do agree that society needs to encourage elderly folk to remain active, healthy and contribute to society (in whatever form) for as long as possible. But then that means we cannot abandon them in care facilities where they are unable to contribute due to their isolation, far from the community they were formerly a part of. In many cities there is very little you can do if you can't drive a car (bad public transit and / or public transit that ONLY considers working folk and not ALL residents of a city).
@jim-es8qk
In the UK we love old people. We don't just allow young people here to work, but we import the entire extended family too, including the elderly relatives!!
@Fastcar5000
The US steel manufacturing industry fought automation to save some jobs. It cost the industry dearly over the last 30 years and US made steel became less and less competitive. Without the Jones Act and a few other laws we may not have a steel industry at all. In the 80’s and 90’s South Korea embraced automation in the face of an aging population and now have a fairly vibrant steel industry. We just need to work smarter.
@12345anton6789
Have to look at life expectancy, people live 5 years more on average in countries like South Korea, Japan and Italy compared to the US. That’s is a sign that the elderly people live a long and good life. Aging population is a sign of a healthy system when the life expectancy is high. Young population with a lower life expectancy is a sign of a “bad” system
@michaelzajic6231
Good Morning, Peter. You have been starting my day for many years now. Keep up the good work. There is some advantage to be gained in knowing what's coming and how to strategize living and investments. Your briefings help with our planning our lives and understanding our world. I wish it was better news much of the time.
@ndaltamirano