10 sats \ 2 replies \ @TomK OP 3 Mar \ parent \ on: Demographics: There's A Probem econ
That's the trap. They need to work more (Japan didn't allow mass immigration) to fill the rising gaps in their welfare state... less time... less family life.... less children. A vicious circle
Pensions and medical care for elderly
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Yes. Social costs are exploding meanwhile the potential for investments in productivity growth diminishes.
But at this point I guess the family as the real social fabric will see its comeback. Here in Spain a lot of young adults and elder people are living at their parent's (or kid's) home to save money. Maybe it starts at this point.
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