The Retirement Crisis
Raoul Pal discusses the impending retirement crisis caused by the baby boomer generation hitting retirement age and the impact it has on the macro environment. He highlights the challenges faced by the baby boomers in terms of selling down their assets, the insolvency of the pension system, and the lack of fixed income for retirees. He also explains how different nations are affected by these macro trends, with older populations in developed countries and younger populations in the Monsoon countries experiencing contrasting situations.In this clip
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