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China: 1.58 / woman, Netherlands: 1.76, Switzerland: 1.52, Germany: 1.36, Canada: 1.63. So yes all of them below replacement rate, but then again, they all have
by roel_v 13y ago
China: 1.58 / woman, Netherlands: 1.76, Switzerland: 1.52, Germany: 1.36, Canada: 1.63. So yes all of them below replacement rate, but then again, they all have vastly different demographic and economic profiles from China - most notably in savings per person and reserved money for pensions, of which there is basically none in China.
Well unless you count 'current market valuations' for all that empty real estate, that is smirks
A country can afford, or at least isn't hurt that badly by, low birth rates when those who are born don't have to support (or at least not fully) the elderly - I don't think it's reasonable to put China on one line with the other countries you mention.
- throwawayaway 13y agoThanks for your statistics. I'd rather people didn't smirk when they are predicting other people's misfortune. Not everyone has the benefit of your foresight or hindsight.
- roel_v 13y ago? I'm not smirking at other people's misfortune, just at the idiocy of an economic system engineered to shackle the people that have to live their lives under it to workarounds like this ('this' = use assets that could otherwise be used economically productive as stores of wealth), and at the arrogance of claiming a centrally-led economy can provide both prosperity and freedom - two things I find axiomatically fundamental human rights.
- throwawayaway 13y agoThe idiocy economic system being discussed, if it transpires as you predict, is going to lead to some people literally losing their shirt. They stood to gain and stood to lose, every time this happens many involved felt like they had no option but to play the game, it's not arrogance in doing so. It's like smirking at the gambling industry, except with very respectable and influential people pushing it.