Amidst the shock of President Trump’s announcement of global tariffs, a small yet crucial detail may have escaped some people’s attention. Towards the end of his speech, President Trump remarked – “We need more people. We need people to run these plants and to help the auto workers and the teamsters and the non-union people […]
“Make America great again” means welcoming immigrants again Read More »
“America’s New Millionaire Class: Plumbers and HVAC Entrepreneurs”, was the headline of an article in the Wall Street Journal this weekend. My book “The Age of Decay: How Aging and Shrinking Populations could Usher in the Decline of Civilization”, highlights the downside of rising educational attainment in developed countries. Put simply, too many young people
America’s New Millionaire Class: Plumbers Read More »
A headline in the Wall Street Journal yesterday…”Suddenly There Aren’t Enough Babies. The Whole World Is Alarmed.” These reports are becoming much more frequent, from countries all around the world. Are investors taking this into account? Are they considering the impact of a declining and ageing population on the companies or bonds they invest in?
Investors ignore demographic declines at their peril Read More »