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buddermonger2000
Zeihan on Geopolitics
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Comments by "buddermonger2000" (@buddermonger2000) on "Gen Y vs Z" video.
Well in the coming decades the stagnation is going to stop and wages are going to inflate dramatically as much of that stagnation was from globalization and the huge population that was the boomers which is ending. Lots of costs will likely go down due to energy availability of the USA as well. On top of that, it's known that the US has it probably more expensive than most of these other places which have much more government intervention to depress those costs. However, the US still had their kids while the rest of the world did not. Frankly the idea that it's the cost of living which depresses the birth rate doesn't stand up to scrutiny unless it's REALLY hard times which occur such as famines or things like locking down your entire population.
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Everyone claims low income but the people who have the most kids have the lowest incomes on average. In fact, it's the highest incomes with the lowest Level of children. Combine that with living in apartments instead of houses and you have low birth rates. In real terms the only way bad economics depress birth rates are when they're so bad you have things like famines.
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The assumption here is that there likely won't be much more migration to the US. Demographics mean that the younger people (the ones with the least ties and largest likelihood of migration) are probably not going to be very much anymore because they'll have all aged out. So can't rely on immigration anymore.
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@EasyEight3674 Yeah I don't think too many realize that they really aren't special. Times are good in retrospect not during in most instances.
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Incredibly hard to ship natural gas. Unlikely to really ship. Probably stay in US markets.
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He's done the second in other times but yeah part of this is contributing to the jobs
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@markpukey8 Another one is known as NEET. But yeah Japan has that as a problem.
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