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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: elmatador who wrote (2822)7/18/2019 10:02:30 AM
From: Elroy Jetson1 Recommendation  Read Replies (3) of 13798
 
It's all demographics in economies with aging populations. Japan was first and China will be the worst, even though they're not yet an advanced economy.

Older people have most of what they want so they buy far less - and most of them no longer want to work, and can afford not to work.

You can tell older people to break off their casts of comfort and try to get them to start new careers, but they'll just tell you to fuck off. Because older people don't care very much what others think.

Then they die and the economy is mostly younger people who work hard and buy a lot of stuff.

Some may have elected would-be dictators who promised to make them young again, but the only thing within their power is making the average age of the population younger by murdering older people. Perhaps they should have been more specific.
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