BUSINESSFORTUNE
‘The demographic dividend of the last 40 years is ending’: J.P. Morgan says the world is running out of the two things that kept interest rates down
J.P. Morgan warns that global interest rates will rise due to declining fiscal discipline and aging populations. The IMF reported $251 trillion in global debt, with deficits and de-population among six factors reshaping the economy. Advanced economies face labor shortages and rising public spending demands from aging populations.
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