ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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towerdog

To: ajtj99 who wrote (47293)	12/22/2021 10:46:35 AM
From: Sun Tzu	2 Recommendations Read Replies (1) of 97576

Grantham believes this is a global problem with huge investment ramifications for years to come. In an interview he traced the unprecedented boom to the rise of China and the fall of communism, not in the usual ways that you may be familiar with, but as a virtual baby boom. He said that over a span of 30 years, 500 million Chinese plus 100 million Eastern Europeans joined the industrial world. With that, there was nowhere for GDP to go but up. However, that trend has now been reversed and its implications are underestimated by everyone.

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