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Larry Doyle
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Flushing Money Down the Toilet
Posted by Larry Doyle on July 31, 2010 2:02 PM |
To this point at Sense on Cents, I do not believe I have ever addressed the topic of population growth in terms of overall economic growth. Well, I guess we truly do learn something new everyday.
Global population growth rates (note: not the actual population) have been steadily declining over the last 40 years. What does this fact mean in terms of our overall economic engine, global growth, and domestic deficit spending? Pimco’s Bill Gross addresses these topics in writing his August commentary, Privates Eye:>>>>
All very interesting perspectives.
LD
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