The developed nations are facing numerous sources of stagnation, including expanding retiree cohorts, outdated government funding models, stagnant demand, and rising debt from borrowing for government spending. Attempts to stimulate consumer spending are now increasing inflation, hindering economic growth. The key to overcoming stagnation and debt lies in boosting productivity, focusing on efficiency, innovation, and societal foundations. Developing countries have more favorable demographics and growth potential, with opportunities for infrastructure development. Central banks are struggling to manage interest rates and risk in a globalized economy. Japan serves as an example of the challenges faced by advanced economies in balancing revenues, spending, and debt. Financial engineering may only delay the need for real solutions to the economic challenges at hand.

Read more at Investing.com: Can the Developed World Grow Its Way Out of Stagnation?