Illustration for an article by Matthew Bishop on the economics of retirement in the rich societies.
In the developed world, share prices could fall by a devastating 40-50% over the coming decades due to the baby boomer generation mass selling, unless this is off set by influx of new investors from regions such as Asia.

made: 2006-05-11

keywords: first world third pension retirement wealth ecfoc economics prediction baby boom crowd run people fugures worry