The eroding demographic base encourages the resumption of QE, will bring us back to a stagnating, low inflation environment & reward investors for betting on the scarcest of all things: Growth!
"We will be back to an anemic growth, low inflation environment quicker than many people think. And it will fuel asset prices for those stocks that offer what is scarcest: Growth!"
How is a dire situation somehow positive for investment? If growth is anemic, how can there be growth stocks? And how can investments get 'more valuable' the more dire the situation gets? I think it goes on a long time like Japan but eventually you get a hyperinflationary collapse. Japanese yen is already falling off a cliff.