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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: smolejv@gmx.net who wrote (39899)10/21/2003 10:39:15 AM
From: AC Flyer  Read Replies (1) | Respond to of 74559
 
>>Looks like your prediction of baby boomers' boom & bust down the road is greatly exaggerated;)<<

I'm not sure how you can reach that conclusion. The US population will go from ~ 47 million people in their 40s in 2005 to ~39 million people in their 40s in 2015. I don't know about you but to me that looks like a huge problem for the US economy.



To: smolejv@gmx.net who wrote (39899)10/21/2003 4:29:50 PM
From: RealMuLan  Respond to of 74559
 
>> Looks like your prediction of baby boomers' boom & bust down the road is greatly exaggerated<<

Quite agree. In case of the US, immigration can definitely smooth out the demographic curve.

And in case of China, for the last 5+ years and the next 20 years, most people have to retire at age 50-55, so in case the population peaks 20 years from now, and the labor has a shortage, the 1st thing to do is letting people retire at a normal age. at same time, to loose the control on family planning policy. And the matter of the truth is, the resource in China should only sustain somewhere around 700 million-800 million population. 1.4-1.5 billion is way too much.