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Central banks’ reliance on defunct economic theory makes people worry their children will be worse off than themselves

27 November 2017

“Average UK wages in 2022 could still be lower than in 2008”  UK Office for Budget Responsibility While Western stock markets boom under the influence of central bank money-printing, wages for ordinary people are not doing so well.  So it is no wonder that Populism is rising, as voters worry their children will be worse […]

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China and NEA’s ‘demographic dividend’ turns to deficit

3 December 2013

October’s post ‘Women now have half the number of children compared to 1950‘ attracted great interest amongst blog readers from around the world.  It highlighted how global life expectancy has risen 50% since 1950 to average 70 years.  Over the same period, the average number of children being born has halved to just 2.5 per woman. It thus suggested today’s […]

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Women now have half the number of children compared to 1950

8 October 2013

Demographics drive demand.  Developments since 1950 are thus creating massive and unprecedented change in global demand patterns, as the chart above highlights:…

Fertility rates (green) have halved on a global basis, with the average woman having just 2.5 children today

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G7 births hit new record low in 2012

5 October 2013

The G7 group of countries are almost half (47%) of global GDP*.  They also have the highest incomes, and are therefore still the major driver for the global economy.  If we understand what is happening to their populations, we have a great insight in the key driver for demand, as we showed in ‘Boom, Gloom and the […]