1/22/2013 – Fitch: Aging Population Putting Economies At Risk Of 'Fiscal Shock'
According to a Fitch ratings agency statement, the world’s aging population could put many countries at risk of a second fiscal crisis.
“Whilst a successful resolution of the current fiscal crisis remains the most important driver for many advanced-economy ratings, without further reform to address the impact of long-term ageing these economies face a second, longer-term fiscal shock,” the statement read.
Read the full article at Huffington Post.