Who Knew?

Worth reading in its entirety. This quote is about the elderly:

There’s nothing so entirely predictable as demographic change. Obviously we’re facing enormous booming hordes of elderly. Yet no one is confronting that issue. People remain in denial. They’re hoping a miracle will turn up, like, for instance, the sudden disinterest of a demographic majority who always vote.

Even elders who have long-garnered private nest eggs quite likely no longer have them in 2009. There is no sound way to live off the hoarded efforts of earlier labor. Inflation looms, ready to destroy fixed incomes. The elderly, supposedly the calm, serene, seasoned elements in our society, have every right to panic. They will not go gentle into that good night.

There is also a section about the potential collapse of intellectual property, which I’m going to recommend because that’s the kind of guy I am.