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#514 - Peter Zeihan - The Old World Order Is About To Collapse
Modern Wisdom
Are We Going Through a Capital Crunch?
While most of Europe and Japan have that V shape in their demographics, ours is more of a double hour glass because we've got a bulge where the boomers are. We're about to go through a capital crunch. In 15 years when the millennials are in their 50s, we will be going through a capital boom. As a rule, large generations make large generations and small generations make small generations. So we would expect this wave to continue. The ins and outs of that are going to dominate our economic and our financial world forever.
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