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From a European point of view it is most disturbing that the old world does not show up in a single category, highlighting the sad fact that Europe will become the world's poorhouse. Europe has already begun to record current account deficits with the rest of the world and faces a lot of economic, political and financial difficulties that will certainly not improve as the near term flip-flop of the age pyramid will turn the continent in a geriatric's residence too.
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