杰拉米-西格尔：投资者未来英文演示稿.pptVIP

Age Wave -- India Trade Deficits and Aging Throughout history, the “old” have sold assets to the young in exchange for goods. Today in US, Florida’s retirees sell assets to and import goods from other 49 states. In the future the US will sell its assets to the rest of the world. Success depends on rapid growth in the developing world. World GDP 2000 Population 2000 84.8% 15.2% 44.6% 56.4% 23.1% 76.9% Population 2050 World GDP 2050 11.8% 88.2% Per Capita Income Relative to US 2000 Per Capita Income Relative to US 2050 Per Capita Income Relative to US 1960 Per Capita Income Relative to US 2003