Was there a baby boom in your country after WW2? In Finland there was and now that age group is the richest here.
There was a baby boom, a very big one in the Netherlands. Also, strangely, a lot of Dutch-Canadian babies were born... :roll:
Same in the USA. Big baby boom, too. Wonder if the Russians had a baby boom with Stalin around and taking into consideration all the KIA's they had?
But now when the after-war-born people are 50-60, they will soon retire and start to get pension. This is the biggest and the richest age class in Finland (in Finland, the bigger wage you had, the more you get pension). In Finland we call this a "pension bomb", I guess you understand why!
It's a problem that haunts parents of people my age. They were born a decade after the babyboomers, and when they finally can retire, the mass of people born between 1945 and 1950 will have taken away all the government's pension fees. They will have to save it all up themselves...
That won't happen in Finland but the goverment and the state just have to take a damn big amount of loan. And Finland isn't yet fully recovered of the early 1990's depression.
Singapore was still a Third World British Colony after WW2 so the birth rate was naturally quite high. Its because the death rate started dropping off rapidly during the 60s and 70s that we still have so many baby boomers around.
along the same lines it has been noted that after any major conflict there is always a baby boom in the countries affected. more surprising is the fact that in such booms a lot more male babies are born. its almost as if nature tries to redress the balance in some way!
Well, the Thirty Years War that raged in Germany in 1618-1648 made the population of the area drop by a third, and it took the country about 200 years to recover...
