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the demographic time bomb some of the worlds biggest economies italy germany japan and china are ageing theyre running out of workers with potentially disastrous economic and social consequences how can nations deal with volatile demographic pressures and will these pressures transform the global balance of power for decades to come [Music] [Music] demographics rule the world the exact combination of young and old workers and retirees can determine a countrys economic future [Music] every country has a demographic sweet spot where the majority of your population is of working age so theyre both producing and theyre consuming great for the economy well demographics are very important put bluntly for advanced economies the more people there are the larger the economy is likely to be and the more power and influence theyre like to wield on the global stage and thats why the u.s is a global leader and its why european countries club together to influence policy on a global level p