Wonder no more as to why global economic conditions are slowing down...this article, courtesy of
Carl Haub of the Population Reference Bureau, offers an excellent explanation [which re-enforces what I've previously said about Baby Boomers (downsizing) here and here]...
"World Population Aging: Clocks Illustrate Growth in Population Under Age 5 and Over Age 65"
I think the U.S. Fed's mandate to tie a 2% inflation target to their timing of a rise in interest rates is outdated and too high and needs to be seriously re-visited, in view of these facts.