Economists Warn of a 'G-Shaped' Economy Driven by Boomer Wealth

A new economic analysis highlights how the concentration of $90 trillion in assets among older generations is reshaping consumer spending patterns, leaving younger demographics waiting for economic mobility.

31 Aug, 16:24 — 31 Aug, 16:24

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fortune2d ago

We’re living in the ‘G-shaped economy’—where boomers control $90 trillion, and everyone else waits

"The concentration of wealth among older generations suggests that consumer spending is increasingly being supported by the spending of accumulated retirement wealth rather than labor income."

By Jason Ma

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Economists Warn of a 'G-Shaped' Economy Driven by Boomer Wealth

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We’re living in the ‘G-shaped economy’—where boomers control $90 trillion, and everyone else waits

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