| The issue is what to do about aging demographics? My few paragraphs or your few paragraphs can only encompass trite answers. There is no obviously good solution. We can only hope our glorious leaders find good compromises. I am mostly trying to suggest you look at how different countries manage (positively and negatively) their "demographic time bomb". It is unclear whether immigration is a strongly beneficial solution since it does cause friction. > Australians online > same sentiments Please take care with your arguments because anecdotal evidence generalises poorly (especially for topics that are common in echo chambers - it is difficult to avoid ones own biases). It is clear that immigration is broadly unpopular. The question is whether the rewards are worth the risks? https://www.amp.com.au/resources/insights-hub/the-economics-... Immigration is an economic response to aging demographics. It is a very imperfect response. > Japan "South Korea is over" is a response to that: https://m.youtube.com/watch?v=Ufmu1WD2TSk I predict Australia and particularly New Zealand will continue to use immigration to help their economies, despite pitfalls. I don't feel confident to predict anything about the US. The government there (either party) continues to surprise me with its recklessness; however systematically it surprises me with its resilience. Last year I was in New Orleans for a month and as an in person snapshot I saw a lot of negative signals for the future. I try to care about economics as a topic because for retirement investment I kinda have to invest overseas. However, this year I've withdrawn from the US stock market (later I will learn if that was a mistake). Your link is irrelevant because (a) New Zealand already has that specific problem in spades - it isn't a scare tactic here, and (b) while it is difficult to find unbiased links - you can try to avoid obviously biased links |
https://www.250bpm.com/p/life-at-the-frontlines-of-demograph...