Demographics are the only real broad brush crystal ball - we are now for the first time on the downward slope of the generational wave of increased consumption

Demographics are the only real broad brush crystal ball - we are now for the first time on the downward slope of the generational wave of increased consumption that the baby boomers historically brought to the consumer driven end of the globe, a different paradigm will emerge. As for inheritance, you can almost make a certain bet that once the scope of transference starts to reach substantial proportions that the worlds governments will find novel and pervasive ways of garnishing taxes from such movements of wealth.