Comments by "david devlin" (@Art-is-craft) on "How Shrinking Populations Determine Economic Growth || Peter Zeihan" video.

  1. What makes you think the young think of their future? Most young people think they will be young for ever.
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  2. US social security has too many non insurance aspects to it. That means it is based on contributions and then withdrawal. It has no mechanism for real world market growth. if it had 5 trillion in it growing at 6% per year that would have a fund that is worth 28 trillion in 30 years of growth. Private pension funds and private investments are the balancing factor on that.
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  3. No. several reasons why it does not. First reason is that those that immigrate to a wealthier country do not bring immediate productivity or have children right away. Canada that is doing a more higher skilled immigration model has found that many are not having children at all because they are in their late twenties to early thirties and it requires several years for them to develop an economic position that allows them to have a family. The most important reason of all is that the poor regions at some point are going to run out of a steady supply that can feed the wealthier industrial economies.
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  4. Let's be realistic about this. Women have less children as they age. When a women has a first child in her early thirties it means the family is going to be much smaller. That is the reason why the birth rate has declined per women in developed countries. 45 is the realistic age that most children are in their mid to late teens and have in most incidences left the home.
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  5. Bio warfare would have no winners if it is widespread.
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  6. That will lead to pure economic instability because those that are just coming to retirement or in early retirement will just look and say why bother and just do as they please with their wealth. Those lower down will in the order working will decide not to have children because they will realise they cannot afford it.
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  7.  @sergiofedele6811  It is running towards failure.
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  8. Innovation can reduce the use of resources but you cannot have innovation without a young population and a lower number of older people to provide capital. You think it is bad now in terms of the environment wait to you see a world ravaged by industrial scale warfare because of the instability of cultures, societies and economies. Innovation would mean using less oil and would require less prospecting. No innovation means desperation and an earth stripped apart to find the last resources. The large stable population that innovates will actually be a much better outcome.
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  9. What is the solution for healthspan?
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  10. Do you know of an economic model that can support falling population?
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