in a recent Tweet:

@Econimica: Asset/RE bubbles (of assets primarily held by elderly/institutions) must be maintained to avoid a banking/economic crash…but the price will be the ongoing collapse of families/births…saving the present at the expense of the future (again).

This dynamic of Demographic Karma crushing Economic Dogma is global, as evidenced by this Tweet about China’s demographic collapse and bubble-economy:

@fuxianyi: Chinese policymakers now face a dilemma: if the real-estate bubble does not burst, young couples will be unable to afford to raise two children. But if the bubble does burst, China’s economy will slow, and a global financial crisis will erupt.

https://www.zerohedge.com/personal-finance/sorry-our-demographic-karma-ran-over-your-economic-dogma