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<blockquote data-quote="vantexan" data-source="post: 5491677" data-attributes="member: 24302"><p>That was something I mentioned a week or two ago.&nbsp; Gen X is a very small generation.&nbsp; Which means that&#039;ll slow the economy down for about 10-14 years before the Millennials really take over.&nbsp; The U.S. and New Zealand are the only Western nations with a sizeable Millennial generation which means Europe, Japan, China, and elsewhere are going to have much worse problems as their populations age.&nbsp; There was a time when families were much larger.&nbsp; Meant free labor on the farm.&nbsp; But as nations industrialized and people moved into cities children became more of an economic burden and people started having a lot less of them.&nbsp; So instead of the population demographic chart looking like a pyramid it started looking like a column.&nbsp; And now has started turning into an inverted pyramid with a lot more retirees on the top and relatively few children on the bottom.&nbsp; When there are a lot more young adults to consume, and a lot more middle aged people investing, a retiree population can be sustained.&nbsp; When it&#039;s skewed in the opposite direction eventually it&#039;ll collapse.&nbsp; This has serious ramifications for future retirees.&nbsp; Save like crazy.</p></blockquote><p></p>

[QUOTE="vantexan, post: 5491677, member: 24302"] That was something I mentioned a week or two ago. Gen X is a very small generation. Which means that'll slow the economy down for about 10-14 years before the Millennials really take over. The U.S. and New Zealand are the only Western nations with a sizeable Millennial generation which means Europe, Japan, China, and elsewhere are going to have much worse problems as their populations age. There was a time when families were much larger. Meant free labor on the farm. But as nations industrialized and people moved into cities children became more of an economic burden and people started having a lot less of them. So instead of the population demographic chart looking like a pyramid it started looking like a column. And now has started turning into an inverted pyramid with a lot more retirees on the top and relatively few children on the bottom. When there are a lot more young adults to consume, and a lot more middle aged people investing, a retiree population can be sustained. When it's skewed in the opposite direction eventually it'll collapse. This has serious ramifications for future retirees. Save like crazy. [/QUOTE]

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