Since Apple goes through the trouble of invading my privacy like this, I would at least expect "Hey Siri, call mom" to do the right thing. But it does not. Either it calls the wrong person or asks me which of two particular number or email to use for FaceTime, when both lead to the same correct person anyway..so why bother asking? Apple makes the best hardware but its disappointing to see their software consistently fall short.
Yes. A massive implosion in aggregate consumer demand due to shrinking population will hit real estate, stocks, tax revenue, and therefore the ability to meet debt repayment obligations.
Frustratingly, (and counterintuitively), it won't help housing prices, because shrinking populations retreat to city centers. Spain, Italy, Japan, and Korea are full of $5,000 houses. Meanwhile, Madrid, Rome, Tokyo, and Seoul are more expensive than they've ever been.
It's not about existence it's about what drives the flows. People are born, work and save, and retire. Part of the savings enters as institutional money, and is consumed in retirement.
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