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Steph Foxwell
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Comments by "Steph Foxwell" (@stephfoxwell4620) on "Tom Harwood on UK demography: 'It's not the boom that's bad - it's the bust'" video.
We had an extra 1.7 million babies in the 1960s than the 1950s but the media persist in calling the 1050s a babyboom. (In the USA it was). The birth bulge peaked 1964/5. It made schools very busy from 1970. When they hit 5 It led to huge youth unemployment from 1982. When they hit 18. It led to house prices crises from 1996 as they married and settled down (average FTB age is 32). And inevitable problems as they become pensioners. Co-op funeral services will be very busy from about 2040.
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England is the most crowded large country in Europe other than Holland
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Pay note to the chart people. Other than a brief blip in births in 1946/7 our babyboom was 1958-1971. These people are now 51-64. With average retirement age at 64 this vast cohort are about to retire. In ten years they will start need nursing care. When they downsize it will put huge pressure on the price of smaller homes.
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The change came in 1972. It was called the Pill.
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Government policy since 1979 has been anti family.
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Immigrants grow old too.
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Japan GDP in 2002 was $4 trillion. Today it is $5.06 trillion. So up 27%.
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You are correct Greg. Japan is one of the wealthiest countries with a very high standard of living despite having little real growth for 32 years. I think its population is down 3 million in 12 years so the money goes even further. Stagnant gdp is fine when there are fewer and fewer people.
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What about corporatism?
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