Nouriel Roubini: Risk in the Age of Bank Failure
Real Vision: Finance & Investing
00:00
The Demographic Time Bomb
Aging of populations not only in the US, Europe, Japan and most advanced economies but now also in large and important emerging markets. The problem with ancient population is that several. Why? For any level of productivity growth, having less people implies lower potential growth. And then, yeah, AI is going to destroy most jobs and we're not going to need the migrants. So it becomes a perfect storm.
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