its generally happening in any country that has a reletively speaking, high GDP, because regardless of where you are in the world, the wealth tends to collect in a small group of people rather than get spread out.
It might be the media distorting it, but it seems like it's an especially big issue in East Asian countries. I didn't know about Singapore, but I know it's a serious issue in both South Korea and Japan, which are about to have a huge number of elderly and not enough people to care for them.
Isn't this happening almost everywhere?
its generally happening in any country that has a reletively speaking, high GDP, because regardless of where you are in the world, the wealth tends to collect in a small group of people rather than get spread out.
It might be the media distorting it, but it seems like it's an especially big issue in East Asian countries. I didn't know about Singapore, but I know it's a serious issue in both South Korea and Japan, which are about to have a huge number of elderly and not enough people to care for them.