4 ms·
I think a lot of these articles miss an important consideration. The underlying economies of the world have functioned on an unseen assumption: the population (
by conscion 8y ago
I think a lot of these articles miss an important consideration. The underlying economies of the world have functioned on an unseen assumption: the population (i.e. consumers & producers) always increase. This has been true for the entirety of modern history. There should be some discussion on how that changes once the population either stops increasing, or declines.
This is somewhat discussed with the aging baby boomer generation being larger than their childrens, but that dynamic will likely become the new norm in many countries. Japan in particular is experiencing this first hand with one of the lowest birth rates.