Recently watched this video Peter Zeihan || Deglobalization: There's No Stopping It Now - YouTube
The author makes some good points but I was mostly taken aback by this point about the age demographic in the USA and this pattern is similar around the globe in most developed countries.
Younger populations provide support for older ones by both working and creating new consumers. Old people stop working and for the most part stop consuming as much as they did decades prior.
Not sure how we get out of this one...
The author makes some good points but I was mostly taken aback by this point about the age demographic in the USA and this pattern is similar around the globe in most developed countries.
Younger populations provide support for older ones by both working and creating new consumers. Old people stop working and for the most part stop consuming as much as they did decades prior.
Not sure how we get out of this one...
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