Correct, and boomers are 57-75 and are all entering into retirement. With this comes fixed income and never putting another dollar into the financial system, they will be withdrawing from the system. Its a financial black hole that few countries will survive.
Correct, and boomers are 57-75 and are all entering into retirement. With this comes fixed income and never putting another dollar into the financial system, they will be withdrawing from the system. Its a financial black hole that few countries will survive.