Demographic Doom Podcast

60. Things I Can’t Predict — What Demographics and Macroeconomics Can’t Tell Us (15 min)

June 15, 2021

Glenn Campbell on what is predictable and what isn't, based on demographics and macroeconomics. They place a hard ceiling on future economic, but they don't tell us what will happen below that ceiling. The wildcards are human politics and human behavior, which escape easy predictions. Glenn illustrates these limitations with three results of the pandemic that he never would have predicted: (1) a rise in stocks and asset markets despite a failing economy. (2) Race riots in the midst of a pandemic. (3) The current labor shortage despite high unemployment. — Twitter: @DemographicDoom — See the YouTube version of this episode for notes, comments, corrections & links to other resources: j.mp/dd_dontknow [ep 60, 15 June 2021]

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