Demography is Destiny

This week we will look at the very long term trends in demographics. I find this whole topic fascinating and one that is fraught with investment implications, not to mention the basic issues of life with which we will soon be dealing.

But first, I want to bring a couple of items to your attention. Last week, I lead off with a few paragraphs from a 1946 article from Life Magazine talking about how we won the war in Europe but were losing the peace. I was not trying to make some comparison between Iraq and Europe after their respective wars. I clearly know the situations were, and are, radically different. The success in Europe in no ways predicates success in Iraq. The point I was trying to make was that the press coverage was similar: focusing on the more emotionally impacting negative aspects of the events rather than the more mundane successes.

Secondly, I need to let those readers who have signed up for my Accredited Investor E-letter know why they have not been getting the letter. The simple answer is that I have not written one in 4-5 months. I am working almost obsessively on finishing my book. Between this letter, and my actual work, not to mention family and some occasional fun, there are only so many hours. But I am committed to getting…