good post.
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Baby boomers, risk, investing, equities and demographics
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Couple things missed in this vid. While the millenials are a smaller group than BB, Zeihan says there is just enough of them in the US to skirt a serious recession.
An equity crash could happen but remember wall street sruvived the great depression and two world wars. If the average person with 40-50k in the market pulls it out thats not going to be devastating. A drag but new money is coming into the US market from all over the world. Most of my equities are US firms.
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