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> There is no economic system that is sustainable where there are more elderly people not working / unable to work than there are young people who do work. I d
by aylmao 3y ago
> There is no economic system that is sustainable where there are more elderly people not working / unable to work than there are young people who do work.
I don't think this is true. At the micro-economic level, it's not outlandish to see households where a working generation sustains not only their kids, but also their parents. At a macro-economic level, we'd certainly have to adjust our expectations of profits and growth, but that's because we are used to an always-growing economy.
- frankreyes 3y agoYou're going against the evidence present in front of you (eg, read the article). If the fertility is collapsing, people don't have children. In particular, elders don't have children. Elders don't have anyone to take care of them.