Eddy's Weekly Market Insight

Government finances will increasingly shape the financial markets: The United Kingdom is a good example. Ageing is hitting hard there as well, and this cannot be compensated by more immigration. In fact, immigration is being pushed back. The end result is that there will be more and more non-workers who must be supported by the working population. If nothing else changes, the government will automatically go bankrupt. People are living longer, but as they age, healthcare costs rise sharply. This means...