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Demographics is Destiny – Why Economic Growth is Tepid

December 2, 2016

President-elect Trump is right: the economic recovery post-Crisis has been tepid. An academic paper I found in the process of writing our recently-published report to IOI members analyzing the investing implications of the incoming administration suggests that the amount of underperformance is about 12%. In other words, the economy would be more than a tenth larger if it …

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