Willem-Alexander, who has recently been inaugurated as King
of the Netherlands, addressed Parliament for the first time. In his speech he
announced that the Dutch welfare system is no longer sustainable. And he linked
his statement to the globalisation and the ageing population. He could also have mentioned the serious
public account deficit the country is confronted with.
I suspect this statement will be quoted often in the near
future.
In the meantime, on the same occasion, a friend of mine, an
American lawyer well known in some circles, reminded me that in the US the age
group that is growing faster, in proportional terms, is the one concerning the
people aged 95 and plus.
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