The Demographic Cliff

From Economy Watch
March 2, 2016 - 12:02pm

cliff.jpg Home Page News Page About 30 years ago, I was able to predict the U.S. would see a major generational spending peak in 2007, all from my demographic indicator, the Generational Spending Wave.  On a 46-year lag from the time they were born, that’s when the peak number of baby boomers would peak in spending for the average household. <p>About 30 years ago, I was able to predict the U.S. would see a major generational spending peak in 2007, all from my demographic indicator, the Generational Spending Wave. On a 46-year lag from the time they were born, that’s when the peak number of baby boomers would peak in spending for the average household.</p> About 30 years ago, I was able to predict the U.S. would see a major generational spending peak in 2007, all from my demographic indicator, the Generational Spending Wave.  On a 46-year lag from the time they were born, that’s when the peak number of baby boomers would peak in spending for the average household. After that, they would slow in spending, ultimately sending the economy over a “demographic cliff.” Remember, 70\% of the economy relies on consumer spending! When it slows, everything falls with it. read more


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