Earlier quoted context omitted.
Most stock market trades aren't made by people, but by institutional money. That ain't going nowhere.
The institutions exist for people to do things like retire.
Adults over 65 will outnumber children by 2029
21–30 of 184 posts
Re: Adults over 65 will outnumber children by 2029
#22Earlier quoted context omitted.
A great point, but I don’t think those policies should go after the (relatively tiny) wealth that boomers et al currently hold. As another commenter alluded to, the money is going to have to come from much bigger fish; there’s literally nowhere else to get it from!
Parents and Grandparents might not be interested in starting families, but they're interested in their (grand)children starting families. Ideally, that's where their wealth would go, except that it's being completely obliterated by retirement and end-of-life care.
Re: Adults over 65 will outnumber children by 2029
#23So a lot of problems will be solved by 2049 (overpopulation) and probably many others will arise (we never had worldwide decreasing demographics.)
Overpopulation is not solved. Many African and Middle Eastern cultures continue to have half a dozen children per wife.
Killing USAID probably put a drag on that slowdown by reducing access to family planning resources, but we’ll have to see exactly how much in the coming years.
Re: Adults over 65 will outnumber children by 2029
#24> the arithmetic that supports those programs tightens, all else equal We can tax the rich, we're post scarcity, time to take a look at the rest of the world an come up with a better social safety net.
Productivity is growing much more slowly than the retiree-to-worker ratio. Workers are producing slightly more every year, but there are a lot more retirees to take care of every year. If this does not change, we will eventually see a collapse of social safety nets. Policy can only accelerate or delay that collapse.
Re: Adults over 65 will outnumber children by 2029
#25So a lot of problems will be solved by 2049 (overpopulation) and probably many others will arise (we never had worldwide decreasing demographics.)
Maybe in a couple countries. But not for the world, and not for the west and definitely not for America.
As the population has grown poverty has decreased.
Re: Adults over 65 will outnumber children by 2029
#26> the arithmetic that supports those programs tightens, all else equal We can tax the rich, we're post scarcity, time to take a look at the rest of the world an come up with a better social safety net.
Re: Adults over 65 will outnumber children by 2029
#27Africa doubled it's population in the last 28 years.
Re: Adults over 65 will outnumber children by 2029
#28In 20 years, will countries start to compete for young people? Tax breaks, benefits, etc. Will some countries thrive while others die off completely? The proportion of young people will be a huge issue regarding military strength, innovation, etc.
Could get very ugly.
Re: Adults over 65 will outnumber children by 2029
#29So a lot of problems will be solved by 2049 (overpopulation) and probably many others will arise (we never had worldwide decreasing demographics.)
Overpopulation is not a problem. Maybe in a couple countries. But not for the world, and not for the west and definitely not for America. As the population has grown poverty has decreased.