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Reply to "Explain to me like I am 5...How will we keep growing with an aging population?"
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[quote=Anonymous][quote=Anonymous]Explain to me like I am 5...How will we keep growing with an aging population? Retired people save more than they spend. If savings rate go up, aren't interested rates going to go up as well? Of course the US is very different from Japan, Germany and Italy. But I am trying to understand how are going to keep growing with an aging population? [/quote] Ponzi Schemes don't work long term. You cannot have perpetual growth in any area. Those who keep trying to do that, are trying to kick the can a little further before the collapse. Simple as that. [/quote]
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