Rating: 
Summary: Gives you the 'Long' on the Western Economies
Review: We are seeing (and enjoying) similar macro-economic effects of the baby boomers in Singapore. However, as is typical with our far-sighted Government, we are now beginning to be actually worried about the "baby-bust"; if at the current birth rate (below replacement), we would be facing a declining population after 2020 or so.What Harry Dent puts forth makes sense - that baby-boomers drive economic growth. (It is only but one of many factors.) He admits that he came around to this population demographics reason for economic cycles not necessarily from pre-conceived ideas. Of course now that he has taken a stand he has to defend it for the sake of his professional reputation. According to the author, the American economy may slow down after about 2008. What does that mean to the investor? Lighten up on US equities? Overweight the other countries that are going into the baby-boom driven phase of their economies? Remember that his view is but one of many. As a matter of balance I would recommend a read of Krugman's "The Return of Depression Economics".
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