Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. These days I'm retired, and I can't by law give you advice. While I do make mistakes, I try hard to do my analysis thoroughly, and to make sure my data are correct (old habits die hard!) Also, don't ask me why I called it "Volewica". It's too late, now.

BTW, clicking on most charts will produce the original-sized, i.e., bigger version.

Sunday, May 4, 2014

Poverty rates in the over 65s

Beaten in the OECD only by Korea which doesn't have a welfare state. When I say 'beaten', I'm not being congratulatory.  And who is to bear the burden of the Coalition's fake deficit crisis?  Three guesses.

Chart from Infinite Horizon

[click to get bigger chart]

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