Population loss from now to 2050 will cause about 20-30% in economic damage or about a $60 trillion in economic loss. The GDP of a country is the amount of working people times the average economic contribution from each person. If your economy has 30% fewer people and all the people had on average the same productivity then you would lose 30% of your economy.
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
Heading to Maine early tomorrow morning for some fun in the sun! :)
In the meantime, read this piece by Andrew Biggs.
See you next week!
andrew biggs @biggsag writes...you read. This is not negotiable
https://littleknownfacts.substack.com/p/the-two-charts-any-social-security
We'll review various 25 year time frames under the "harvest your gains retirement plan"
Here's the link! https://vimeo.com/event/6194932