25 Aug '12, 10am

Toh Beng Chye: The Government has tried for many years to persuade our younger generation to have more children...

Toh Beng Chye: The Government has tried for many years to persuade our younger generation to have more children...

Peter Drucker wrote in his book Peter Drucker On The Profession of Management that "Demography is the future that has already happened". Knowing the population dynamics of Japan's population, he says, will allow one to predict that the demand for adult diapers will exceed those of baby diapers and businesses should prepare accordingly. This development has been reported by Bloomberg . Every financial bubble (stock market, property, credit, etc) has a set of fundamentals behind that drive the initial boom. During the dotcom bubble, there were many new business models which were highly innovative and exciting and promised great returns. There were trailblazers like Amazon.com which revolutionized book selling, Yahoo! which took away advertising revenues from print media, etc. Unfortunately, irrational exuberance led to a great bubble in the stock market, which drive the Nasd...

Full article: http://yoursdp.org/publ/perspectives/2-1-0-1106

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