ilmscore | Prediction Details
"He says that due to the ageing European workforce by 2040 the population will start to lose 2 million working people per year, which will mask the effects of lower growth. But without growth Europe will not be able to finance its social model and will have to scale back some, if not all, of its ambitions."
By Patrick Boyle | November 3, 2024 | Pending
From video
Deindustrialization in Europe? 00:16:27 - 00:16:46
Interpreted Prediction
Mario Draghi predicts that by 2040, Europe's aging workforce will lead to a loss of 2 million working people per year, preventing Europe from financing its social model and forcing a scaling back of ambitions without economic growth.

Prediction Details

Topic
European Demographics & Social Model

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