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An elephant in the room few have considered...
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georgia_tech_swagger Offline
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Post: #41
RE: An elephant in the room few have considered...
(03-14-2020 12:36 PM)e-parade Wrote:  And add more people at the bottom.

Italy's average age is older than most countries, but not to the hyperbolic levels you mentioned earlier.


FYI - by the end of today's reporting, the number of active cases will once again be larger than the number of people who have recovered.


They have a demography that flat out doesn't support a consumption based economy at least not without having a huge global export network and the support of a different (and cheap!) currency to help with exports. I've heard more than one highly credible expert refer to Italy's demography as "terminal", at least when it comes to the economic context of our lifetimes.

So the difference between AARP eligibility now (over half) and what I stated (2/3) is a single digit number of years. Assuming they don't mass die off.

Italy isn't Japan level old ... but it's friggin OLD.
03-14-2020 02:37 PM
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RE: An elephant in the room few have considered... - georgia_tech_swagger - 03-14-2020 02:37 PM



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