The "What is Money?" Show cover image

The Ultimate Macro Framework with Raoul Pal (WiM078)

The "What is Money?" Show

00:00

Why Is Labor Force Participation Rate Falling?

Aging populations always have lower growth, and that is provable bythe labor force participation rate. The birth deaths rate as exactly mirrors it, as you'd imagine. But the other shocker is what happens next. And i all comes back from that world war one and the collapse of empire ad all comes is we've now hyper financialized. And the weakest balance sheets in the world are the households. You start wiping out the household balance sheet by property prices falling, and you have the biggest financial collapse in all history,. maybe since the 19 thirties. So that's the debth burden so the central bankers know the trick now, right? We've learnt this from 87 a

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app