Comments by "worn down" (@worndown8280) on "We're Going to Have Another Great Depression." video.

@yaboi9419 its not the change thats the problem, its the demographic collapse that has happened since the end of the post war baby boom. As the boomers fall out, its going to get much smaller. If every nation didnt have a metric ton of debt, it wouldnt be an issue. But every nation does. And it will crush the young. So, their will be blood. The average South Korean woman has .5 kids. In Japan, its barely 1. Mexico has gone from 6 in 1975 to 1.9 kids per woman today. In the US, we are at 1.7 if you discount immigration. In China they cant get women to start having kids again. People dont see whats happening because people live 70 to 80 years, well we ate that delay up.
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@josephhoward4697 Oh I dont disagree with you there. The main issue is that without a growing population our current economic theories fall apart, or at least current investment philosophies. Its not really an issue that we have ever faced. Even during the Black Death, women still had babies. Now they just wont, with a few notable nations that are exceptions.
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Yes but for the first time, the worlds population will be stagnant and then decline. Thats never happened before. Even during the place death there was still a population increase over the world. This wont be so much a crash, but a transformation of our economic system. What we have now, due to global debt loads, wont survive.
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