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It's worth considering that stock market valuations are supposed to be driven by revenue and profit, not by population (valuations have gotten completely out of
by mdorazio 3y ago
It's worth considering that stock market valuations are supposed to be driven by revenue and profit, not by population (valuations have gotten completely out of whack since the financial system effectively broke in 2008). There are multiple ways to do this - one is certainly to increase the population, but another is to increase productivity per person in conjunction with expenditure per person. i.e. The same number of people doing more with less and living more lavish lifestyles as a result.
- chaostheory 3y agoThe problem is entitlement programs likes socialized health care and pension programs like social security. When retirees begin to outnumber working adults, the system will start to collapse. Maybe countries will adapt? Japan and China are at the forefront of the age demographic bomb. They are about 30-40 years ahead of us in experiencing this problem. The US and Canada has been able to counter it much longer than anyone else primarily due to our origins in and experience with immigration. No other countries on earth can compete with either the US or Canada when it comes to assimilation of immigrants.
- Voultapher 3y agoOr, the majority working more than ever, and a vanishingly small amount of people living increasingly lavishly. I see no reason to believe the current systemic factors that drive the growth of wealth disparity will slow down or reverse.