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Watch the full 25-minute video at http://www.goldmoney.com/muenz-turk-interview. Prof. Dr. Rainer Münz, Head of Research at Erste Bank, and James Turk, Director of the GoldMoney Foundation, talk about the impact changing demographics has on public finances, and in particular, on pension systems. The aging of a society has many different effects. On the one hand, expenditures for education and childcare
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