Tag Archives: Labor force
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September 21, 2018 by wimvincken
This is another angst article? A doom prediction article? Actually, yes. Is it about pollution, overpopulation, meteor strike, nuclear war, famine, revolutions, super volcanoes, beginning of ice age, overheating, plagues, biological attacks, alien invasions, and any other b-film, ignorants and corrupted, manipulating politicians described disasters, nature- or man made existential threatening disasters, turning the earth sterile or simply explode it, breaking into peaces? No. The aging world population has economic implications. All countries faces multiple problems of making hard decisions to protect itself from the implications or faces seriously slowing or halting economical growth and exploding social costs to deal with aging populations.
That means in plain English: no work, no fancy policies like abortions, collapsing industries and trade, collapsing infrastructures, no medical services, no food or housing, mass starvation … simply a collapsing country. Or that might mean government forced measures to keep the disasters at bay, like forbidding abortions, increased age of pension, tax rates up to 80% or higher, forced pregnancies per woman instead of family, very difficult to divorce, strong (government) support for religions, applying technologies on industry, production and care (AI-related)