Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (39892)	10/21/2003 9:44:55 AM
From: AC Flyer	of 74559

>>The first population to peak is Japan.<< Japan gets one last hurrah, as their Echo Inverse Baby Boomers reach their peak spending years starting around the end of this decade. census.gov After that, Japan will be a model for what is to come for much of the rest of the world to a greater or lesser extent. It'll be an economic world that's hard for us to recognize. Physical assets - houses, cars, etc. - will become increasingly inexpensive, while services that require human labor will become more and more costly. Forget about getting your (Japanese) house painted and no more delivery sushi. Real estate ownership will be viewed as a mug's game, as everyone will know that house prices never go up.

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