Grantham: Japan's 20-year-old cohort is half its 1948 size
Jeremy Grantham · Jeremy Grantham – Bubbles, Value Investing, and the Long Game at GMO (EP.493) · Mar 23, 2026 · at 1:09:36
Jeremy Grantham, co-founder of GMO, discusses the impact of declining global fertility rates and demographic collapse.
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“Do you know the twenty-year-old cohort in Japan is 50% of what it was in 1948?”
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