Comments on: The Wall http://peer-see.com/blog/the-wall/2006/06/11/ Thu, 20 Nov 2008 16:54:41 +0000 http://wordpress.org/?v=2.6.1 By: JAM http://peer-see.com/blog/the-wall/2006/06/11/#comment-94 JAM Tue, 13 Jun 2006 16:07:24 +0000 http://peer-see.com/blog/?p=37#comment-94 I thought this might make for some heated conversations in one of your classes. Loved the Great Wall piece. I hope they stay true to the uniqueness of that asset. We would probably sell bricks with people's names on them to repair it over here (how's that for a disgusting retirement idea!). China goes from red to gray An aging population, an underfunded pension system, and half-a-billion workers who aren't covered could be a drag on economic growth. By Robert C. Pozen, FORTUNE June 13, 2006: 7:32 AM EDT (FORTUNE Magazine) - If you thought the U.S. had a looming pension crisis, consider the situation in China, where the population is growing older at an even faster pace and more than half-a-billion rural and urban workers don't participate in state-run social security schemes. Because China generally limits each family to one child, the percentage of its population that is working will peak by 2010 and the ratio of workers to retirees will decline dramatically, from six to one in 2000 to two to one in 2040. But China has not had time to build up enough assets in public or private plans to finance retirement benefits... Peer-See Editor's Note: the rest of this very interesting article is available at the following link <a target="_blank" href="http://money.cnn.com/2006/06/12/magazines/fortune/china_fortune/index.htm">http://money.cnn.com/2006/06/12/magazines/fortune/china_fortune/index.htm</a> I thought this might make for some heated conversations in one of your classes. Loved the Great Wall piece. I hope they stay true to the uniqueness of that asset. We would probably sell bricks with people’s names on them to repair it over here (how’s that for a disgusting retirement idea!).

China goes from red to gray
An aging population, an underfunded pension system, and half-a-billion workers who aren’t covered could be a drag on economic growth.

By Robert C. Pozen, FORTUNE
June 13, 2006: 7:32 AM EDT

(FORTUNE Magazine) - If you thought the U.S. had a looming pension crisis, consider the situation in China, where the population is growing older at an even faster pace and more than half-a-billion rural and urban workers don’t participate in state-run social security schemes.
Because China generally limits each family to one child, the percentage of its population that is working will peak by 2010 and the ratio of workers to retirees will decline dramatically, from six to one in 2000 to two to one in 2040. But China has not had time to build up enough assets in public or private plans to finance retirement benefits…

Peer-See Editor’s Note: the rest of this very interesting article is available at the following link

http://money.cnn.com/2006/06/12/magazines/fortune/china_fortune/index.htm

]]> By: Gena Marshall http://peer-see.com/blog/the-wall/2006/06/11/#comment-93 Gena Marshall Tue, 13 Jun 2006 14:16:28 +0000 http://peer-see.com/blog/?p=37#comment-93 The Murbarger hordes? Judging from the picture, they have a different style of facial hair than that favored by the Menchu. Still philosphical, but to a different effect. The Murbarger hordes? Judging from the picture, they have a different style of facial hair than that favored by the Menchu. Still philosphical, but to a different effect.

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