Sunday, September 27, 2009

Malthusian Matters(?)

GOLDMAN SACHS PROJECTS THAT India’s middle class will outstrip China’s by 2045. This is some 15 years after half of China’s population becomes either too old or too young to be part of the workforce.



Perhaps instant-ness of contemporary life induces a certain myopia. Social media - twitter, FB, and other "self trumpets" - may make one feel that 2045 is too far away to be bothered about. And perhaps that's true for some as well, those who would want to die out soon, but 35 years is a fairly short turn around time by economic standards.

Malthusian Matters (pun intended), and stands nonetheless to see another day, another argument.

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