Earlier quoted context omitted.
> ...we don't need a pyramid. The core financial architecture of the world is pinned upon an assumption of monotonically-increasing global population on a 3-7 generation moving average. So far, history has not been kind to those civilizations exhibiting declining populations over sustained multi-generational spans. We're into generation one or two depending upon your definition of a generation, so we have some time b…
> So far, history has not been kind to those civilizations exhibiting declining populations over sustained multi-generational spans. And yet Japan has some of the highest quality of life, a huge economy despite very few natural resources, some of the most innovative companies in the world and the longest lived people on the planet. It's been the poster-child for westerners as a failed economy with a lost decade and y…
Re: Baby Boom or Bust?
#111Yes, I’m watching Japan with great interest. Wish I knew Japanese and Chinese cultures more intimately to be able to parse what we’re hearing as laypeople, but yay for specialists who do study that. Now if only I could find what those specialists wrote…