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lenerdenatorlast Monday at 4:20 PM1 replyview on HN

That's ultimately what you get when you have a system that 1) has most of its money held by the retirement/pension funds of a generation that didn't have enough children to sustain organic domestic economic growth and 2) has incentivized returns to those institutional investors at the board and c-suite levels of most companies.


Replies

Longliuslast Monday at 4:31 PM

I mean if we're talking about generations that didn't have enough children to sustain organic domestic economic growth, then China is actually ahead of us there. Their birth rate plummeted below replacement well before the US's did.