Economic Cycles, Debt and Demographics The underlying macroeconomic forces that will shape the coming decades

Second Edition
Book Description
Since the 2008 crisis it seems the world has changed. The economic environment of today is very different from the one that existed just one generation ago. The baby boomers that arrived like a great wave after the Second World War drove the economy, and social change with it, but we are now living in the wake of the demographic bust that followed. Ageing populations and high debt levels are powerful forces that are slowing growth in developed countries. In the decades to come, these same forces will be acting on emerging markets too.
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