Today’s Chart of the Day comes from chartr with data provided by the United Nations.
India is set to overcome China in population this year, and China is set to shrink in half by 2100. It will be interesting to see how a modern society handles a loss of population over a long time frame, as opposed to other, more sudden losses due to war or diseases.
Since 2005, Japan is on a similar path with a shrinking population. So far, they have struggled with how to deal with fewer people of working age.
Luckily, we are in the early age of robots, artificial intelligence, and automation, which may soften the impact.
Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.
Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.