Why The World's Fate Hangs On 2.5 Million Older Americans
Authored by Dhaval Joshi via BCAResearch.com,
The greater risk to the world economy in 2026-27 is not that a recession triggers a market crash, but that a market crash triggers a recession. This is because a market crash will destroy the wealth that is funding the crucial marginal spending of 2.5 million excess American retirees.
