Calling it a crisis is a bit extreme. It’s definitely a big problem in places like China, but we’ll be OK. Adjustments definitely will need to be made in elderly care though.

The US population is not growing. The elderly demographic is therefore increasing. This tends to happen when there are major health or negative economic events. It’s predicted in about 10 years that the 65+ population will out number the under 18 population. With better health care, people are living longer. That doesn’t mean they are able to take care of themselves though.