davy crockett - 4/10/2024 21:49

peter zeihan talks about low capital costs going away because boomers are retiring and becoming more conservative with their investments. that is in addition to the fed trying to tame inflation.

https://www.apriori.com/resources/video/prepare-for-rising-capital-c...

Peter Zeihan: 70% of global private capital is generated by people between ages 55 and 65. Their kids have moved out, their house has been paid down, they’re at the height of their earnings, and they’re preparing for retirement. The money that they save, that’s what drives the system. Well, the largest generation ever globally were the boomers. Half of them have already retired, so half of their assets financially have already been moved into conservative investments like T-bills in cash, because if there is a currency crisis or a market crash, they have no chance to rebuild their nest egg, there’s no more income. So they have to do that.