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Moody's warns aging Western populations will strain public finances
The ratings firm links the demographic shift to fundamental impacts on the global economy and complex policy tradeoffs.
Moody's projects that aging populations in Western countries will start to have major economic effects, creating mounting pressure on public finances, according to coverage by CNBC.
In its assessment, Moody's said these demographic changes will force governments into difficult policy decisions as the economic fundamentals shift.
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