The grey factor: Europe’s senior living sector is fast catching up with its American and antipodean counterparts
It was Peter Peterson, the co-founder of the Blackstone Group, who first sounded the alarm bells about global population ageing. Back in 1999, his book, Gray Dawn: How the coming age wave will transform America — and the world, warned that the number of retirees in the developed world was growing much faster than its collective workforce. 14 times faster, to be precise.