In a broader demographic issue, all of the countries in the developed world and most of them in the developing world are aging. We're going to be seeing a lot of countries maybe not start to have their populations decline but certainly have them age and no longer grow. The core economic platform that has driven the human condition for the last millennia is that populations will continue to get larger, markets will continue to get larger, there will be more capital available. In this next decade that starts to invert. The cost of capital is going to go up, the availability of markets are going to go up, and that's ultimately a deflationary environment. It'll get worse in future decades, but this next decade is when the rules of the game start to change.
Tuesday, January 26, 2010
STRATFOR'S TOP PREDICTIONS FOR THE NEXT DECADE: China Collapse, Global Labor Shortages, New American Dominance
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