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Population shrinking is going to annihilate the current economic system we have where everyone puts their retirement into stocks. Then the shell-shocked people
by Mistletoe 2y ago
Population shrinking is going to annihilate the current economic system we have where everyone puts their retirement into stocks. Then the shell-shocked people will be even more poor and unable to afford having children. You have to have new entrants to the pyramid to buy the stocks that the people all want to sell to finance their retirement.
https://link.springer.com/article/10.1007/s10680-009-9179-9 https://link.springer.com/article/10.1007/s10680-009-9179-9
Places like Japan and Korea aren’t having the sort of birth rate turnaround you are discussing.
- wkat4242 2y agoThe neocapitalist system needs to change anyway. As it's been going ever more wealth is ending up with ever fewer people and that can't possibly end well. It never has in history.