Chapter 1695 (1/2)
“。。。 Boss, all in all, 2009 will be a turning year for the world economy. We can see the amazing consistency between the Dow Jones stock index and the population consumption age curve.
Obviously, the stock market reflects the performance expectations of listed companies, and the performance of companies depends on product sales. Sales naturally come from people's consumption, which drives more than 70% of GDP in the United States.
And consumption needs consumers, young and powerful consumers... ”
Andy, with his arms around him, leans on the boss's chair and listens with interest to a young elite in the think tank opposite the computer monitor, expounding his views on population and economy.
From the basic trend of the current economy, the panic of the financial crisis seems to subside temporarily, and the light of hope for economic recovery seems to be in front of us.
However, real people of insight know that what they need to focus on is not what happened in the financial tsunami, but what will happen in the world after the financial tsunami.
The view that the world will enter the consumption ice age put forward by the members of the think tank allows Andy to see the future world economy and formulate strategies from a new perspective.
”Boss, look, from the picture, we can see that the last turning point of the baby boom generation is in 1962...”
Young members of the think tank stood in front of the projector, pointed out a picture with a laser pen, and continued calmly: ”considering that the United States is a huge moving min country, the population curve has been adjusted by the immigration population.
Please note the figure for 1962.
From 1946 to 1964, the population born in the United States reached 77 million, accounting for a quarter of the population of the United States. This group of people is the backbone of today's American society.
With the growth of these baby boomers, the U.S. economy has entered a dazzling boom period...
It has created the largest stock market increase, house price increase and the demand for international aviation, personal computer, computer network and sports and leisure tools in history.
According to the statistics of the U.S. Department of labor, the highest consumption peak of American life is at the age of 47. At this time, the life is in the prime of life, the age is strong, and the income reaches the peak.
Once they are 47 years old, people begin to think about retirement and pension, and their bodies are getting old, so they have to prepare to see a doctor and take medicine. From then on, people's expectation of future income declines, consumption begins to decline gradually, and life becomes increasingly frugal.
With the increase of age, all kinds of YW began to decline simultaneously.
Let's look back at the 1962 baby boomers who were born at the turning point
With the laser pen on another chart, the people in the conference room and Andy, who is far away in San Francisco, look a little more serious.
”After 47 years of luxury life, this group came to the turning point of their lives, 2009.
The world suddenly darkened, the economic prosperity suddenly disappeared, the financial tsunami hit the bank, and the unemployment tide swept in.
At this time, they suddenly found that the pension they had invested in the stock market had lost nearly half, and the deposits in bank accounts had always been ”thin as a cicada wing” due to years of extravagance. At the same time, their indulgent living habits and wanton ahead consumption had already made them tired of debt.