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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Jon Koplik who wrote (21499)	10/25/2018 12:56:28 AM
From: elmatador	2 Recommendations Recommended By 3bar sixty2nds Respond to of 33421

Jon this years Economics Nobel Prize was awarded to the wrong economists. Half of this year's $1 million economics prize honors Paul Romer, 63, an economist at New York University's Stern School of Business in New York City for his work "integrating technological innovations into long-run macroeconomic analysis." The other half goes to William Nordhaus, 77, an economist at Yale University, "for integrating climate change into long-run macroeconomic analysis." World's glaring problem is demographics. Climate change might have been a way for the Swedish to thumb their noses at DJT woithdraw from the Paris Climate agreement and the popularity of tech these days. Asia is being hit by demographics Started with Japan, and the dominoes will fall: South Korea, Singapore, China in 2030 (thanks to one-child policy). The economic impact in the world economy will be huge! Asia has used its population dividend to mass produce goods and export their way out of poverty. This is ending now. The end of Asia's population dividend will drive many economics decisions in the next 20 years.