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I don't think South Korea or Japan will population death spiral. I think Cold War 2.0 will cause a fertility bump
by Whoppertime 3y ago
I don't think South Korea or Japan will population death spiral. I think Cold War 2.0 will cause a fertility bump
- jrs235 3y agoWhy would/do people want to bring children into a cold war?
- Whoppertime 3y agoWell the Baby Boom was in the aftermath of WW2 and the dawn of the cold war.
- cameldrv 3y agoThis thing is a slow motion train wreck that's already half over. A lot is already baked in. Even if you could convince young people to start having a lot more babies overnight, there are three times as many 50 year olds as 1 year olds. You can't go back in time and create more one year olds or 10 year olds, and so even with replacement fertility, 20-30 years from now there will just be way less people of childbearing age. Also 20 years from now, retirees are going to be the majority of the population. Since Korea is a democracy, this means that the government's priorities and budget are going to cater to them, not the 25 year olds trying to start a family. That means generous old age benefits funded by high taxes on working age people, making it all that much harder to afford a family, especially a large one.