The coming retirement crisis and the everything bubble - Real Vision
How can ordinary people behaving rationally create a generational threat? Raoul Pal, in his role as CEO and co-founder of Global Macro Investor, joins Real Vision to explain the interconnected problem of the everything bubble and the coming retirement crisis to answer the question, "why do we invest?" He explains in detail how the baby boomer generation, through the rational and reasonable behavior of seeking to live and retire comfortably, has fueled the creation of a massive financial bubble that touches nearly every corner of the economy.
A demographic reaper is on its way
Filmed on February 4, 2020 in Grand Cayman, Pal breaks down the crucial trends:
DemographicEconomicPoliticalHe believes they have combined to create the problem and suggests potential solutions for Baby Boomers, Millennials, and Gen Xers to get out the door before the fire. This is a hard-hitting Real Vision episode that shows how high the stakes are for Washington and central banks around the western world.
In fact, today Real Vision released a premium interview with Jim Leech. He ran the Ontario Teachers Pension Plan for a Canadian perspective on the coming crisis, as Jim sees it. If you are not an Ultra member, join us today and take advantage of our Valentine's Day offer. You will not only get access to Real Vision, but much more including core INK Research reports, alerts and an ad-free experience as we do not serve up Google ads to logged in Ultra members. Most importantly, you'll have access to trusted research. INK never accepts payment for stock coverage. To find out more, click here.