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by kmlx
1311 days ago
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> A shrinking population is only bad for people with a vested interest in growth; investors and employers, but good for everybody else a shrinking population is a disaster overall. productivity goes down, more elderly, social services strained, smaller taxable cohorts. the needs will still be there, the money and the people to solve them won’t. |
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In real life we've seen when such a city loses people or revenue, the trauma of the pullback is devastating and the bloat and corruption do not simply go away. Detroit, 1970s NYC after the suburban flight, and the people clinging to shrinking regions of Japan come to mind.
As our countries have a population pullback wealth will shrink, corners will be cut, innovation will slow, and likely more coal than ever will be burned.