Goldman: Demographics Mean Developed World Debt-Driven Model is Dead

``"The demographics in most major economies -- including the US, in Europe and Japan - are a major issue -- and present us with the question of how we are going to pay down the huge debt burden. With life expectancy increasing rapidly, we no longer have the young, working populations required to sustain a debt-driven economic model in the same way as we've managed to do in the past."''