Demographic time bomb

there is a major problem for the pension funds. An awful lot of people are coming up to retirement. Previously they could meet obligations on the cash coming in from existing employees and the fact that dividend payments were sufficient when received with their tax relief. Now , the number of employees is reducing, profits for firms in a period of deflation are reducing, and they no longer get their dividend income gross. So, they now have to actually start selling assets, namely shares, to raise the money to pay the pensions.

The demographic time bomb is now going nuclear, and there is nothing that anybody can do to save the situation.

As for the chancellors growth figures these are nonsense. What happens to people income when they retire, it plummets. There will be no recovery, the game is over. I would say abandon hope but somebody has beaten me to it. I see the shame of the IMF in the shadows.