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A comment on Denmark to raise retirement age to 70. Parent comment

Re:Denmark to raise retirement age to 70 by missedthecue on Monday May 26, 2025 @05:38PM (#44101921)
An extremely productive economy with 1/5 the number of consumers (and dropping) will have a cheaper stock index, even with improved productivity. Asset prices over the long-term are driven by cashflows. Hollowing out revenue while improving productivity still results in a lower asset price because your cashflows are smaller.

Productivity gains will also be swimming against the stream because scale advantage will deteriorate in all sectors.

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Re:Denmark to raise retirement age to 70 by triceratops on Monday May 26, 2025 @05:53PM (#44102031)
> Hollowing out revenue while improving productivity still results in a lower asset price because your cashflows are smaller

And that's fine because it means consumption is lower too.

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Re:Denmark to raise retirement age to 70 by missedthecue on Monday May 26, 2025 @08:25PM (#44102871)
Ok but good luck saving for retirement when your investments are basically guaranteed a 2% decline every year.
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