
IPFS News Link • Economy - Economics USA
How This Plays Out?!?
• https://www.zerohedge.com by Chris HamiltonSome folks have asked how the current population and demographic scenario plays out and the impacts on economics, financials, politics, and the environment. To give my best two cents, I offer the concept of stock versus flow. The world is all about growth; month over month, quarter over quarter, and year over year growth. Not stock but flow. In a world of 7.8 billion persons, from a growth perspective all that matters is the year over year growth of the population, the economy, financial assets. Obviously, I'm going to focus on the nexus...population growth according to the UN World Population Prospects, 2019 (linked HERE).
From 1950 to 1988, total year over year global population growth accelerated from +48 million/yr up to +93 million/yr (chart below). But since 1988, total year over year global population growth has been decelerating, now growing "only" +81 million annually in 2019, or 12 million fewer than the peak in 1988. By 2050, the UN estimates that total year over year growth will be somewhere between +48 million/yr (medium variant) to just +10 million/yr (low variant).