When there isn’t enough people to support the people above them problems start.
Making sure pensions still function properly, having enough health care providers, property values might plummet which in turn impacts retirement for those who have part of their savings in their house (e.g downsizing no longer provides enough funds)
Economic output will drop short of advancements in robots and AI which means there will be less money to support existing infrastructure that was built for all these people. What happens if Japan can no longer fund and maintain their bullet trains due to reduced ridership? They’d start with reduced trains, but that means less money so they get reduced further and further as the population drops. You’ve gone from a once highly connected area to a poorly connected area and that has its own consequences.
Japan is propping up their problem with immigration, but if the trend happens globally, that isn’t an actual viable solution. Somewhere some country will be in a deficit, people get convinced go to wherever the better place is hastening that places decline.
It’ll be a lot of things like that which will cause turmoil and disruption, but it’s not some end of civilization problem.
We’re experiencing a similar problem due to the baby boomers in terms of Healthcare right now. There’s so many of them compared to the younger generations that its taking a toll on things and it’s going to continue to take a toll and we don’t have enough younger doctors to nurses to deal with that.
It’s just what you said.
When there isn’t enough people to support the people above them problems start.
Making sure pensions still function properly, having enough health care providers, property values might plummet which in turn impacts retirement for those who have part of their savings in their house (e.g downsizing no longer provides enough funds)
Economic output will drop short of advancements in robots and AI which means there will be less money to support existing infrastructure that was built for all these people. What happens if Japan can no longer fund and maintain their bullet trains due to reduced ridership? They’d start with reduced trains, but that means less money so they get reduced further and further as the population drops. You’ve gone from a once highly connected area to a poorly connected area and that has its own consequences.
Japan is propping up their problem with immigration, but if the trend happens globally, that isn’t an actual viable solution. Somewhere some country will be in a deficit, people get convinced go to wherever the better place is hastening that places decline.
It’ll be a lot of things like that which will cause turmoil and disruption, but it’s not some end of civilization problem.
We’re experiencing a similar problem due to the baby boomers in terms of Healthcare right now. There’s so many of them compared to the younger generations that its taking a toll on things and it’s going to continue to take a toll and we don’t have enough younger doctors to nurses to deal with that.
People are upset, people are angry.
But we’ll go on. Its not the end.
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I have never said we should.
Just because there will be consequences doesn’t make it the wrong decision.
There’s no consequence free option here.
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Look dude, you asked, I answered.
Feel free to disagree with me, but this isn’t going to be anymore productive, so I wish you a good day and we’ll leave it at that.
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