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0 sats \ 4 replies \ @Solomonsatoshi 22h \ parent \ on: What plan do you have for when you are old? AskSN
What is the divorce rate these days?
What are interest rates and house prices?
1/7 couples are infertile.
I can see why many people these days do not want to or feel they cannot safely, have kids.
If you do have kids what are the odds they will take care of you when you are old/invalid? I would suggest do not count upon it!
The fiat culture of debt and high time preference also has a lot to do with it imo.
The west is dying as it values material wealth over family.
Are you implying that the east is NOT dying, just the west?
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Yes, more or less, and while some of this is due to modernisation and the change in economy from rural to urban, farm to industrialised, it is also evident that the breakdown of the family is by far more advanced and widespread in the west.
The East, in particular Asia is growing more wealthy while western economies and culture are swamped by immigrants upon which they are addicted due to their growing inability to produce children.
Regardless my primary point remains that today in the west especially many young people feel the risk and reward of hiving kids is not worthwhile- the cost of housing, feminism and general breakdown of family values and traditions all contribute as does the fiat debt slavery economy where time preferences are high and long term planning is difficult and overall the economic advantage that the west has enjoyed for centuries are in decline.
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What are your thoughts about birth rates in Asia?
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Certainly in some areas they are in decline, but other factors are still more in favour of having a family as family values are still generally stronger and the future economic outlook is still brighter than most western economies.
Do you always cherrypick one point which may be arguable in your favour while ignoring the broader argument which is not?
Future economic prospects for people in Asia, China in particular have been improving rapidly for the last 40 years- in contrast the economic prospects for North Americans have overall been in decline while divorce rates have escalated and family values have declined.
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