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Get Agequake: Riding the Demographic Rollercoaster Shaking PDF

By Paul Wallace

ISBN-10: 0585355495

ISBN-13: 9780585355498

ISBN-10: 1857881923

ISBN-13: 9781857881929

ISBN-10: 1857881931

ISBN-13: 9781857881936

This is often the first-ever, actually worldwide, indepth examine the large results of the demographic rolllercoaster and what it capability for employment, investments, new company improvement, advertising and the commercial energy map of the area.

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Extra resources for Agequake: Riding the Demographic Rollercoaster Shaking Business, Finance, and Our World

Sample text

Their stock markets have been stunted in relation to the size of their economies – but not for much longer. Favorable demographics set the stage for a similar build-up of financial assets to the one seen in America. A similar bulge in the key age 48 AGEQUAKE Figure 10 German twin peaks ratio 1990-2020 40-59-year-olds as percentage of adult population bracket of 40- and 50-year-olds is on its way. The reason for the delay compared with the US is the different demographic footprint of the past. 13 Germany illustrates how distinct birth patterns long in the past can lead to a quite different trajectory for the age structure of the population.

Methuselah supposedly lived for 969 years, perishing only in the year of the flood. Noah, his grandson, clocked up a mere 950 years. According to the rather more reliable source of modern demography, however, no one ever lived for 110 or more years until the twentieth century. The first accurately documented case was Katherine Plunket, who died aged 111 in 1932. Only one other person other than Jeanne Calment is believed to have lived to 120 – Shirechiyo Izumi, a Japanese man who died in 1986. James Vaupel, a demographer who specializes in the study of old age, believes that earlier centenarians were a lonely bunch.

What little spare cash we have we tend to keep in banks or building societies so that we can call on it at short notice. Around 40, we move into our second age. The focus shifts to acquiring long-term financial assets, principally equities and bonds. Much of the acquisition occurs indirectly through pension funds. Our collective accumulation of assets in this period of our lives amounts to around half of total national wealth. 1 What is happening now is that a record number of people are reaching the twin peaks, their forties and fifties, for this build-up of financial assets.

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Agequake: Riding the Demographic Rollercoaster Shaking Business, Finance, and Our World by Paul Wallace


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