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Top Long-Term Risks for Investors

Making Sense

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The Impact of Aging Population on Markets and Interest Rates

The speakers discuss the potential effects of an aging population on markets and interest rates, challenging the consensus that lower population growth leads to lower interest rates. They argue that as older people enter a dis-saving stage and life expectancy increases, savings will decrease, potentially pushing interest rates up. They also discuss the relationship between inflation control, uncertainty, and economic growth, suggesting a shift towards paying more attention to equality and job creation in pursuit of economic growth.

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