Tuesday, June 11, 2019

Has the demographic crisis passed by?

McBride shows some numbers and sees the boomers no longer dominate. The demographics chart is fairly flat, the differencesnot quite enough to say crisis past:

That bulge, from 50-70 is still there, and their costs are going up proportionally more than their relative cohort size.

It is basically good news, but we are not cleared of the bankruptcy by any means.

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