Demographic Doom Podcast

45. Rip van Winkle Awakens… to Insane Economics

October 8, 2020

On Oct. 8, 2020, after 4½ months on hiatus, Glenn Campbell returns with a new podcast, recapping what has happened both in the world and in his personal life. While there has been plenty of "news" over the past four months, not a lot has changed in the big picture. The pandemic is almost certain to accelerate the birth collapse in developed countries, which will be confirmed by birth statistics in December. While the long-term prospects haven't changed, Glenn is surprised by three "insanities" he wasn't anticipating: (1) The dramatic rise in stock markets despite a crumbling economy. (2) A labor shortage despite massive unemployment, and (3) Reversing of the long-term trend toward urbanization, at least in the biggest cities. Glenn says the true crash has hardly begun. He predicts another Black Swan will be needed to make people take the first Black Swan seriously.  — Website: DemographicDoom.com — Twitter: @DemographicDoom — See the video version of this episode for notes, comments, corrections & links to other resources: j.mp/dd_winkle [ep 45, 8 Oct 2020]

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