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naraburns  nihil supernum  2yr ago (text post)   33194 thread views

Culture War Roundup for the week of October 10, 2022

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Maybe you're right- I suppose the point where it begins to collapse is when demographics start to look like South Korea. The US will be fine for a long time (not as bad demographics issues, plus the petrodollar). But in for example, the UK, we're already nearly at breaking point with our social care system, and with inflation driven declining standards of living/property bubble, I don't see us having as good a time of it.

Then again, we don't have anything like the Villages, so perhaps there is a much shorter distance to fall.

But in for example, the UK, we're already nearly at breaking point with our social care system, and with inflation driven declining standards of living/property bubble, I don't see us having as good a time of it.

Is the crisis in the UK due to paying out pensions, or due to trying to give unrealistically good healthcare to every single person? I've heard a bunch about funding issues with public health in the UK but not much about funding issues with their pensions.

It's possible the UK will try to gut pensions to throw yet more money into the endless pit of healthcare, but the unsustainable element here isn't the part where we pay people a pension for 15-20 years after 40 years of work.

Well if the whispers coming out recently about public sector pensions are to be believed (extensive use of incredibly highly leveraged tools to try and deliver increasingly unrealistic inflation linked expectations) then pensions do seem to be an upcoming issue. But no, it is mostly due to healthcare costs. Not unrealistically good healthcare to everyone though, at this point it is nearing basic adequate healthcare to a subset of the population. The NHS is in a really, really bad shape at this point (Emergency response times are sky-high). But that's mostly just an allocation issue like you said.

Then again, we don't have anything like the Villages, so perhaps there is a much shorter distance to fall.

Arguably parts of Spain & Portugal were essentially the Villages pre-Brexit

Very good point- I'm not up to speed with what exactly the post Brexit settlement was in terms of healthcare transferability (vaguely recall it being an issue). Maybe with enough hot summers like we just had the south coast could become a domestic equivalent.

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