Another Economist says more Babies are Needed

Today I point you to this eloquently written review in the The Telegraph of Stephen D King’s recently published book “When the Money Runs Out” by Charles Moore. The book gives a gloomy economic forecast. Politicians always appear certain that recovery from our current long recession is just around the corner. Yet King, who is group chief economist and global head of economics and asset allocation at HSBC, asserts that the Baby Boomers’ assumption that the world’s economy will always bounce back may be a false one with little basis.

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