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cover of episode Are We Heading for a 2030s Depression? - Understanding Global Economic and Population Shifts

Are We Heading for a 2030s Depression? - Understanding Global Economic and Population Shifts

2024/7/24
logo of podcast Money For the Rest of Us

Money For the Rest of Us

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This chapter explores the prediction of a 2030s depression by ITR Economics, a firm with a claimed high predictive accuracy. The episode host expresses some skepticism towards this claim, questioning the basis for the prediction and the firm's methodology.
  • ITR Economics predicts a 2030s depression.
  • The firm claims a 95% success rate in economic predictions.
  • The host questions the basis for the 2030s depression prediction and the firm's methodology.

Shownotes Transcript

What we can monitor and do now in preparation for a 2030s depression, which may or may not arrive.

Topics covered include:

  • Why ITR Economics has been predicting a 2030s depression for over a decade.
  • What are the early warning signs we can monitor for increasing risk of economic and financial turmoil
  • What are U.S. and global population predictions by the Congressional Budget Office and the United Nations
  • What is the status of Social Security and what would it take to make it more sustainable
  • What are the impacts of a slowing or shrinking population
  • How should we invest, and what other financial actions should we take in the face of long-term depression forecasts

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Show Notes

Top 5 Causes of the 2030s Great Depression—ITR Economics)

The Demographic Outlook: 2024 to 2054—Congressional Budget Office)

Testimony on Social Security’s Finances—Congressional Budget Office)

World Population Prospects 2024—The United Nations)

World Population Prospects 2024: Graphs/Profiles—The United Nations)

America is uniquely ill-suited to handle a falling population—The Economist)

Suddenly There Aren’t Enough Babies. The Whole World Is Alarmed. by* *Greg Ip and Janet Adamy—The Wall Street Journal)

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