Population Warning – 007 billion

The UN is due to produce a report any day now stating that the population of planet earth has reached 7 billion people. The rise in the global population is something like 200,000 a day which has seen the population dramatically increase over the last 50 years. That said, the forecasts for the future are about as helpful as the weather forecast (or an economic one for that matter!) with estimates ranging from falling populations (due to lower birth rates) to a continued increase at an alarming pace. The BBC has a short piece on their i-player for some interesting graphics. It remains unclear if politicians believe population increase is a good thing (more voters, more tax revenue) or not (more pressure on resources). The rest of us will begin to wonder if the world has enough space.

Dominic Thomas
Solomons IFA

You can read more articles about Pensions, Wealth Management, Retirement, Investments, Financial Planning and Estate Planning on my blog which gets updated every week. If you would like to talk to me about your personal wealth planning and how we can make you stay wealthier for longer then please get in touch by calling 08000 736 273 or email info@solomonsifa.co.uk