15 lines
1.3 KiB
JSON
15 lines
1.3 KiB
JSON
{
|
|
"HubID": "4798",
|
|
"Date": "10/9/2024",
|
|
"HubTags": [
|
|
"External Platform Posts",
|
|
"Future Map Changelog",
|
|
"Future Map Forward Guidance"
|
|
],
|
|
"Contacts": "",
|
|
"Companies": "",
|
|
"File": "",
|
|
"Image": "4798__Image_URL.png",
|
|
"Summary": "<p>Stark contrasts in real GDP growth, U.S. vs Italy. Italy is way ahead of the U.S. in demographic decline and debt to GPD levels, which we can see reflected in its stagnation. When will the U.S. reach demographic and debt levels like Italy? Demographic... maybe not at all this century. The U.S. is only half as densely populated as Europe and coupled with our unique strengths, we can see a surge in family formation and immigration in the coming decades, Debt is another story, where we are not far behind and catching up rapidly. But while we will suffer the consequences of this and have to correct it, we will have the benefits of demographic growth and a new growth engine that will power GDP growth for decades thereafter. </p><p>What is very interesting in looking at this chart is the jump to the lower GDP growth curve by the U.S. from the 2008 GFC. We never recovered to the previous curve. The reason can be traced to our own structural problems associated with sovereign debt, mismanaged monetary policy and the ending of a multi-decade growth engine. </p>",
|
|
"Notes": ""
|
|
} |