http://www.hsdent.com/swiw.pdf
As some of you know, I find find Harry Dent's method of demographic economics quite interesting. The link above is to a series of charts depicting the anticipated 'peak spending' periods for many countries around the world. Australia's is on the last page, and show us flat through to about 2025, then a big surge, which will presumably drive our economy upwards.
Some questions, then:
1) How reasonable, realistic and reliable do we think this forecast is?
2) Assuming it is roughly correct, what can we do to take advantage of the information?
3) Does this alter our short term plans?
4) What other 'wild card' factors can cause this prediction to change?
Obviously no-one has a crystal ball, but this seems pretty interesting in terms of predicting overall trends.
As some of you know, I find find Harry Dent's method of demographic economics quite interesting. The link above is to a series of charts depicting the anticipated 'peak spending' periods for many countries around the world. Australia's is on the last page, and show us flat through to about 2025, then a big surge, which will presumably drive our economy upwards.
Some questions, then:
1) How reasonable, realistic and reliable do we think this forecast is?
2) Assuming it is roughly correct, what can we do to take advantage of the information?
3) Does this alter our short term plans?
4) What other 'wild card' factors can cause this prediction to change?
Obviously no-one has a crystal ball, but this seems pretty interesting in terms of predicting overall trends.
