The major economies of the world are on a collision course toward a huge, as-yet-unseen iceberg: global aging. Increased longevity is a blessing, but it carries with it costs and questions few countries wish to deal with. This looming demographic challenge may become the transcendent issue of the twenty-first century, affecting not just our economies but our political systems, our lifestyles, our ethics, and even our military security. In Gray Dawn, Peter G.

Peterson, the respected statesman of Washington and Wall Street, sounds the warning bell and prescribes a set of detailed solutions that, if implemented early, will prevent the need for Draconian measures later.