This is a really interesting chart on the future demographics as the world. As repeatedly stated, demographics is one of the biggest players in economics, despite the lack of media coverage of the topic.
China’s population is aging due to its one child policy. Europe is aging and will face huge problems funding social programs due to low birth rates.
Even India, which is expected to have the world’s largest population soon, has a lower birthrate than Africa.
In his book, The Dhandho Investor: The Low–Risk Value Method to High Returns, Mohnish Pabrai coined an investment approach known as "Heads I win; Tails I don't lose much." Q3 2021 hedge fund letters, conferences and more The principle behind this approach was relatively simple. Pabrai explained that he was only looking for securities with Read More
In a few decades, Africa as a whole will have the largest population according to the World Bank.