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I’m not sure why none of the popular narratives are considering that this is just demographics- the boomers are aging out of the workforce. This pushes up the cost of labor due to supply and demand. Which is a good thing, if you’re not a boomer. But it’s going to constrain gdp growth.



The baby boom was smaller in the UK, and a slightly odd shape. It did happen, but not to the same extent as in the US.




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