What does evolving demographics say about the future?

Not good.. Why? Population aging as baby boomers phase into retirement. Not only the spending hence the economy will slow down but the transfer payment related to older population such as medicare, pension will put enormous pressure on budget deficit.

What's worse is that we don't start off in a good shape in government finances. It is only going to get worse. This can only mean a few things: a) more money print b) higher taxes c)reduced benefit.

None of the above is good for the economy in the long term.

So get ready before it foreces you to.

The following is what GS top advisor thinks.

http://www.businessinsider.com/baby-boomers-and-demographic-shifts-from-1981-to-2041-2011-10#-1