15 lines
980 B
JSON
15 lines
980 B
JSON
{
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"HubID": "4954",
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"Date": "11/18/2024",
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"HubTags": [
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"External Platform Posts",
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"Future Map Forward Guidance",
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"Future Map"
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],
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"Contacts": "",
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"Companies": "",
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"File": "",
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"Image": "4954__Image_URL.jpg",
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"Summary": "<p>The EU suffers from demographic decline, over-reliance on exports, a war, an unproductive industrial base and regulatory burdens that choke growth. Against this backdrop, it has massive unfunded entitlement obligations, which seems improbable that it can meet, which means retirees will get less than promised. This is a slow-motion disaster playing out before us. The U.S. also has unfunded entitlement obligations, but at present are at 200% of GDP and we have the advantage of sitting at the dawn of a multi-decade growth cycle that will give us resources to fix these issues. We will still face serious recessions and financial challenges, but we have a way to work through it all. The EU does not. </p>",
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"Notes": ""
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} |