>As I keep saying, look to Australia and its compulsory government schemes to pay for predictable later needs: Australia now has more managed $ per citizen than any oil nation and as their asset grows, within a decade they'll have a nest egg of such massive proportions that their elderly can rest secure forever. What fools we all were not to follow suit a decade earlier. Our populations are aging so every year of delay is worth billions and eventually trillions of future taxpayer $.
Per capita, Norway's (pop. 5M) managed funds are about twice that of Australia (pop. 22M).
http://en.wikipedia.org/wiki/File:Aus_super_funds_assets.pnghttp://en.wikipedia.org/wiki/The_Government_Pension_Fund_of_Norway
Regards. Al
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