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Australia's superannuation system (similar to 401K's in the US) is worth just over 100% of GDP. Thanks to this pool of savings, the retirement of the Baby Boomers will only severely hurt government expenditure, not kill the country.
1 posted on 01/08/2013 11:29:37 PM PST by Dundee
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To: Dundee
The ruling class the world over is salivating to get their hands on that one.
2 posted on 01/09/2013 1:57:28 AM PST by exnavy (Fish or cut bait ...Got ammo, Godspeed!)
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