I heart NY
New member
i'm doing questions for socials but i cant seem to find the answer i'm looking for. please help me! thanks!! 
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
what are the 4 possible symptoms of a declining civilization?
- Thread starter I heart NY
- Start date
One major one that the others may derive from is a declining population.
As a population ages it stops consuming and starts saving for old age. This causes the economy to enter a downturn such as is happening today in most countries.
Economist Harry Dent figured out and wrote in "The Great Boom Ahead" that recessions and depressions are caused by the dominant generation passing it's peak spending years, which is ages 45 to 50. By then their kids are out of the house and out of their wallets. They start saving for retirement. Savers don't boost the economy.
The Great Depression was caused by the Henry Ford generation passing peak spending and it was cured by the Bob Hope generation moving into their peak spending years.
The recession of the 70s was caused by the Bob Hope generation passing peak spending, and it was cured in the 80s by the Boomers entering the run up to their spending years.
Our current situation is caused by the Baby Boomers passing their peak spending and it will be cured in about 8 to 12 years by the Echo generation entering their peak spending.
New Deals and stimulus packages have only transitory effects.
As a population ages it stops consuming and starts saving for old age. This causes the economy to enter a downturn such as is happening today in most countries.
Economist Harry Dent figured out and wrote in "The Great Boom Ahead" that recessions and depressions are caused by the dominant generation passing it's peak spending years, which is ages 45 to 50. By then their kids are out of the house and out of their wallets. They start saving for retirement. Savers don't boost the economy.
The Great Depression was caused by the Henry Ford generation passing peak spending and it was cured by the Bob Hope generation moving into their peak spending years.
The recession of the 70s was caused by the Bob Hope generation passing peak spending, and it was cured in the 80s by the Boomers entering the run up to their spending years.
Our current situation is caused by the Baby Boomers passing their peak spending and it will be cured in about 8 to 12 years by the Echo generation entering their peak spending.
New Deals and stimulus packages have only transitory effects.
One major one that the others may derive from is a declining population.
As a population ages it stops consuming and starts saving for old age. This causes the economy to enter a downturn such as is happening today in most countries.
Economist Harry Dent figured out and wrote in "The Great Boom Ahead" that recessions and depressions are caused by the dominant generation passing it's peak spending years, which is ages 45 to 50. By then their kids are out of the house and out of their wallets. They start saving for retirement. Savers don't boost the economy.
The Great Depression was caused by the Henry Ford generation passing peak spending and it was cured by the Bob Hope generation moving into their peak spending years.
The recession of the 70s was caused by the Bob Hope generation passing peak spending, and it was cured in the 80s by the Boomers entering the run up to their spending years.
Our current situation is caused by the Baby Boomers passing their peak spending and it will be cured in about 8 to 12 years by the Echo generation entering their peak spending.
New Deals and stimulus packages have only transitory effects.
As a population ages it stops consuming and starts saving for old age. This causes the economy to enter a downturn such as is happening today in most countries.
Economist Harry Dent figured out and wrote in "The Great Boom Ahead" that recessions and depressions are caused by the dominant generation passing it's peak spending years, which is ages 45 to 50. By then their kids are out of the house and out of their wallets. They start saving for retirement. Savers don't boost the economy.
The Great Depression was caused by the Henry Ford generation passing peak spending and it was cured by the Bob Hope generation moving into their peak spending years.
The recession of the 70s was caused by the Bob Hope generation passing peak spending, and it was cured in the 80s by the Boomers entering the run up to their spending years.
Our current situation is caused by the Baby Boomers passing their peak spending and it will be cured in about 8 to 12 years by the Echo generation entering their peak spending.
New Deals and stimulus packages have only transitory effects.