|
|||
|
|
|||||||||||||||||||||||||||||||||||||
I wish we could 'un-invent' the measure of the average - it tells us nothing.
The average life expectancy in the UK is increasing but the real message from a BMJ report is that the health of UK's older population is fragmenting based on their socio economic group. The UK's population is also fragmenting into the wealthy and the poor over-50s. The landmark report from the IFS clearly demonstrates the fractures that are occurring in UK society. The fragmentation in society is not just within age group but between the old and the young. The New York Times depressingly demonstrated how American's young people are getting poorer. This is all very depressing news. |
||||
We often get bogged down in the detail of the issues of marketing to the older consumer and lose sight of the big issue. The monumental changes that are taking place in age profile of Western Society.
The Economist published a chart that graphically displays the changing population profile of Europe. In the last 60 years Europe's population structure has dramatically changed but this is only a rehearsal for what will happen by 2050. The implications of this change and what to do about them should appear as first item on the board papers of all companies. We might speculate about global warming but there is no doubt about the issue of global ageing. |
||
|
I hope you have enjoyed the newsletter.
The next edition will be published in early Sept.
Best regards - Dick Stroud
email:
dick@20plus30.com
phone:
+44 (0) 207 193 0915
|