(FORBES) Can Demographics Predict The Next Interest Rate Cycle?

The Bank for International Settlements, the BIS, just released a 47-page report on the impact of changing global demographics, and if their predictions are correct, it will mean higher interest rates and slower growth for most developed nations. The statistical study of how populations age by extrapolating fertility rates and life expectancy, known as demographics, is very accurate. The consequences of anticipated shifts, however, are debatable.

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