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The Richest Country in the World (EP.351)

Animal Spirits Podcast

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Meeting Market Demand and Understanding Demographics

Businesses are offering cheaper products to meet market demand, especially from the 31 and 32-year-old age group, which is the largest cohort in the country. This strategy makes sense as it is responding to market needs. On the other hand, the analysis by Freddie Mac revealed that as of 2022, there were 69,000 baby boomers which might impact markets in the future.

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