Now, thinking about a counterargument to Larry Summers’ “secular stagnation” thesis from @DavidBeckworth.
In this interpretation, there is no secular stagnation, there was just a crisis and then a slump, which is already ending.
References:
- Demographics: Prime and Near-Prime Population and Labor Force
- The Future is still Bright!
- Census Bureau: Largest 5-year Population Cohort is now the “20 to 24” Age Group
- On the Rise – A lost generation? No way! The Millennials are finally poised to start spending, which is good news for the economy and stocks.
Source Tweets: 1,2,3,4,5,6,7,8,9,10
Category:
Theories 
@pmarca Says 