Sep

16

Demographics, from Steve Ellison

September 16, 2021 |

As I have said a number of times, China demographically is where the US was in 2008, as the larger cohort born before the one-child policy ages out of its peak productivity and spending years.

Evergrande’s Woes Fuel Selloff in Chinese Property Shares

Conversely, the US now has a demographic tailwind as the large millennial generation forms households and advances in careers. The Fed should end QE now because the demographic drag that made the Obama-era economic recovery so painfully slow has reversed. QE is now inflationary.


Comments

Name

Email

Website

Speak your mind

Archives

Resources & Links

Search