Birth Rates Are Plummeting in Most Nations, And The World Isn't Prepared

[Warpy]

23. Yeah, I know, right?

The problems cited in that article seem to add up to the fact that it's bad for business, fewer workers supporting old folks who can't work any longer, rising wages, that sort of thing.

Economies are going to have to do a lot of adjustment, scarce labor finally being valued while the oversupply we old Boomers saw was not. Old folks like the Kochs and most of the tech lords and investment bankers who made a killing are not going to be happy about paying higher wages and taxes, but o bla di.

Population needs to contract to a sustainable level. The US is propping up its billionaires by importing hceap labor, but that's not going to be tolerated forever and besides, there's no way we can import enough population from China, India, and much of Africa to make a difference in those parts of the world. Economic disruption will be severe, affecting the poor and elderly most of all.