We can hang on by selling more to the rest of the world, which is growing for now, but we need to rethink our long term strategy.
World Population isn’t falling, not by a long shot, and won’t for the foreseeable future. But birth rates across the world are declining as prosperity increases. It always seems to work that way. Even in much of the “third world,” birth rates have been approaching bare replacement levels. In the US we have not been replacing losses with babies alone for a number of years. All US population growth for a couple decades can be attributed solely to immigration.
i.e. Capitalism is a Ponzi Scheme.
Which is why morality is required. The Market will not correct for human faults and frailty.
Sounds like it was normal-ish until the lock downs began. It makes sense to not want kids when you have no idea if you will have a job, what kind of job, etc. and don’t know what the future holds.
Muslims and Indians are still bonking like rabbits, unfortunately.
“I LOVE it when a plan comes together. Wait until the vaccines kick in.”
Bill Gates
There’s nearly 8 billion people in the world. It’s not a big deal if we lose a billion or two by the end of the century. Our economy will suffer though. Take a look at Detroit to give you an idea.
These "seniors" should have had more babies themselves (apparently, they are now expecting the few children they had to give them loads of grandchildren).
Regards,
Dang. How are we gonna sell ‘em all this crap we’ve made if the consumer population goes down?
If only there was some way to get teenagers to copulate.
Massive immigration will not bail out the USA, as some hope or believe.
In 2019 - before the pandemic - the birth rate for all foreign born women in the USA slipped below 2.1 for the first time in history.
From memory, it came in at 2.02.
The birth rate for USA born women was around 1.67.
Social Security and Medicare are definitely built on the idea that future generations will pay for the old age pensions and health care of previous generations.
Japan has been experiencing this for some time now. Look there if you want to see some of the side effects of this.