> we are heading towards global recession Possibly, but I don't think it will last 20 years. Also, a recession could make people from worse affected areas move

> we are heading towards global recession Possibly, but I don't think it will last 20 years. Also, a recession could make people from worse affected areas move to those that are less affected. >completely out of touch with given country and its customs and history I think that is the main factor that is diminishing. Young people today are better suited to move to another country than 20 years ago, and there is no reason why this development shouldn't continue. >Wage discrepancies disappearing is another wishful thinking Disappearing wage discrepancies are a consequence of increased mobility (and, to a certain degree, greater acceptance of remote work, even though there are still lots of hurdles for remote work across countries and even more so across continents). >More likely will be accelerated brain drain into mega cities who will offer more quality of life I wouldn't bet on this. The possibility of remote work, more digital entertainment options and autonomous vehicles will make rural or suburban areas more attractive for many people.