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But who is dying matters when looking at economic impact. Median age of death in China is 75. Median age is 81 in Italy. This is around the expected life spa
by nostromo 7y ago
But who is dying matters when looking at economic impact.
Median age of death in China is 75. Median age is 81 in Italy. This is around the expected life span of these countries.
Obviously a human life cut short is always worth mourning, but from an economic perspective, dying pensioners could actually be a stimulus.
- jb_s 7y agoWhat we do to prevent old people dying - fathers, mothers, grandparents - will have a huge economic impact.
- deleted 7y ago[deleted]
- JMTQp8lwXL 7y agoAt the risk of sounding worse, the younger folks who inherit that bequeathed wealth might actually spend it, rather than tying it up in markets. Putting the money to work in the "real economy".
- thu2111 7y agoMoney tied up in markets is spent in the real economy, that's why it's tied up to begin with. It's gone to buy things like labour and assets.
- candiodari 7y agoYou have seen the pictures of the streets in Italy, right ? This is decidedly not a stimulus. It could have been, true, but because of decisions made too late and with money clearly at front of mind it very, very much is a financial disaster.