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Because a cone-shaped demographic pyramid means: 1. Fewer productive taxpayers to pay for old-age pensions 2. A drop-off in available investment capital as pr
by dukeyukey 3y ago
Because a cone-shaped demographic pyramid means:
1. Fewer productive taxpayers to pay for old-age pensions
2. A drop-off in available investment capital as private pensions are converted to bonds and cash
3. Fewer workers for an economy with soaring demand for specific fields e.g. medical