The modern welfare state is a gigantic Ponzi scheme. To survive, it needs a constantly growing number of contributors, or at least a constant ratio of contributors to recipients. Its sprawling bureaucracy has contributed to the systematic fall in productivity rates in the economies that have expanded it. Too much capital is tied up in unproductive areas of the respective societies. Another symptom of its growth is the collapse of the family as the social pillar of society. It will a la long be the solution to the problem if societies are forced to scale back their welfare state activities for economic reasons. At the same time, massive poverty migration is weighing on the social systems of these strong countries. This migration is now acting as a fire accelerator and will dissolve the structures faster than the inherent process is able to achieve.
42 sats \ 1 reply \ @Bell_curve 19 Feb
Ironically poverty migrants mostly Muslim have high birth rates
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10 sats \ 0 replies \ @TomK OP 19 Feb
Imagine working like a donkey to finance this system...
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46 sats \ 1 reply \ @co574 18 Feb
An aging society: where nostalgia becomes the only thing multiplying faster than the birth rates.
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10 sats \ 0 replies \ @TomK OP 18 Feb
Let's ask the senile guy on the WH
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135 sats \ 2 replies \ @orange_crush 18 Feb
When societies overspend on non productive aging populations, young people lack the means or hope necessary for taking on the challenges of parenthood.
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21 sats \ 0 replies \ @Bell_curve 19 Feb
That’s what women in South Korea say
We should ask @south_korea_ln
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10 sats \ 0 replies \ @Enemy_of_the_state 18 Feb
Well said
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0 sats \ 0 replies \ @Bell_curve 19 Feb
Family trees are upside down
Lot of great comments about welfare, social security or pensions, high taxes…
I wonder the effect of abortion.
In South Korea the birth rate is now 0.78.
Replacement level is 2.1.
The biggest factor imo in USA and South Korea, many women value careers over marriage and children. They want to date but not settle down. Not a judgement but an observation
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42 sats \ 1 reply \ @shado_op 18 Feb
deleted by author
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35 sats \ 0 replies \ @TomK OP 18 Feb
yes, you're right. i see a creeping process of young adults living in their parents' homes again and thus strengthening family finances. in future, the basis will be family cohesion and an economy that tends to be jointly managed. of course, the state will try to maintain the ponzi welfare state with the printing press and in this way inflate the thing to destruction.
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