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No one knows exactly why this is happening, though declining demand for low-skill work seems to be a factor. What happens as this continues to decline?
by dfxm12 7y ago
No one knows exactly why this is happening, though declining demand for low-skill work seems to be a factor.
What happens as this continues to decline?
- Enginerrrd 7y agoNot sure, but historically large numbers of unemployed young men has not been a good thing for societal stability.
- irrational 7y agoIndia and China both have a problem with large numbers of unemployed or under employed young men. I bring that up because recently there has been lots of talk about WWIII, but many people say that China, for example, would stay out of it. But, what if they saw it as a solution to their abundance of young men problem? Yikes.
- swalsh 7y agoI think it's a very reasonable concern, making matters worse their one child policy has shifted the demographic towards a higher percentage of men. In Polygamous societies, civil war is very frequent (meaning men without a chance to find a woman find ways to vent often through violence). Add to that, Chinia is a very fragile state economically. Their banks are extremely overleveraged. This is a historically dangerous situation, and that's not even accounting for the newly minted authoritarian dictator.