As it happens, declining birth rates and prosperity are HIGHLY and TIGHTLY correlated.
And here was me thinking that with you being such a Master of Hyperbole, you'd have maybe cottoned on to a little bit of sarcasm (albeit the supposed lowest form of wit assumedly - ), but Oh No, it seems it was not to be ...
Africa is an interesting one. Most Western commentators have written it off as hopelessly irredeemable. It is still an incredibly resource rich continent, with fertile soils and many different climates (desert,savanna, tropical, sub-tropical, Mediterranean). There is no economic pressure to modernise in those types of environments. The only real change I expect to see is North Africa as more and more oil is discovered and the population increasingly converts to Islam. That will cause a social change, but it is hard to see that as progressive.
From an individuals point of view, the difference between being a billionaire or living in a mud hut is very large, but from a biological point of view, they are very close. Survival is not that difficult, and if that is as high as the bar is raised, then there is going to be a LOT more people in the world. But if we bring the other 4 billion across to the idea of prosperity beyond mere survival, then maybe we can have smaller population growth AND prosperity.
No, but I am now. Thanks for sharing and remember "non illegitimi carborundum".
Noted on Nth Africa. Time will tell I suppose. I think that 'Western' technology/exploitation and values creep in and as such I do expect to see the fertility decline, however as you state that may not happen in an Islam state. Food for more thought.....
I am somewhat immune to the trolls now and in many ways they help me perfect my cognitive processes. At the very least, they offer an insight into how the ignorant actually think.
I am amused at how the fewer births (two years in a row) has not got any press at all really. It means less mothers/tax payers later and has a very big long term effect on us all.
I am somewhat immune to the trolls now and in many ways they help me perfect my cognitive processes. At the very least, they offer an insight into how the ignorant actually think.
And here was me thinking that with you being such a Master of Hyperbole, you'd have maybe cottoned on to a little bit of sarcasm (albeit the supposed lowest form of wit assumedly - ), but Oh No, it seems it was not to be ...
Blue on blue then.
I think we are all in agreement. Lower population growth == good.
“Talk sense to a fool and he calls you foolish.” - Euripides
How our ageing population influences the economy BY SHANNON ROBERTS
Our time of life affects they way we use our money - whether we are looking to borrow or whether we are looking to save, whether we want a safe investment with a guaranteed return, or whether we want to take a risk. As we all know, there are currently a lot more elderly people in the world than ever before.
When elderly people save more money without investing it in businesses or infrastructure it affects our economy. Spending falls and interest rates also fall because banks don’t need high interest rates to attract savers, but do want to encourage lending. When more people save, more money is available to lend, so the ‘price’ of money drops.
The 'global savings glut theory’ works like this:
- Ageing savers become more conservative as they get closer to retirement. That means they're more likely to put their savings into a bank than into a risky start-up company or new venture.
- When more income goes to the very wealthy they struggle to spend it all and they put it into banks and other low-risk assets, such as property and bonds (this happens when there is a bigger gap between rich and poor).
- Third, the world's biggest corporates are sitting on enormous cash piles because they don't have to invest much to grow their businesses due to the low price of technology.
For banks that don't need to borrow so much from overseas to fund their lending it is good news. It makes our banks safer and more profitable. However, the savings glut has also helped to increase the price of ‘safe’ assets such as property investment and pushed interest rates lower.
This means that in places like New Zealand its becoming harder and harder for families to afford to buy a house. Property prices and the prices of shares that produce regular and high dividends are at record highs because more conservative elderly savers want these types of assets and banks are keen to lend their ample deposits to help people buy them. Does this effectively mean that the ageing baby boomers will be pricing young people out of the ‘safe’ investment market and home ownership for years to come?
Like all of economics, the ‘global savings glut theory’ is just one theory – albeit one highly regarded by many economists. In any case the global ageing population and skewed population pyramid isn’t going away anytime soon. We can expect to see this unprecedented demographic spread influencing the economy for years to come, and it is worth considering the effect it will have on people's lives." - See more at: http://www.mercatornet.com/demography/view/how-our-ageing-population-influences-the-economy/16650#sthash.9F7ziMqp.dpuf
Demographics are quite easy to predict for the future.
For example, fewer babies over the last two years means less mothers down the track. Simple...
Those that are alive today, will die, so projected deaths are also quite accurate.
All part of the science that is sociology.
About 5 million Syrians looking for a good home at present. We could carve out some land up north and call it "New Syria".
I find it amusing that Europe with a population of over 500 million and the largest GDP trading block in the world cannot cope with 400,000 refugees. Yet Lebanon has 1.3 million, Turkey 2 million.
It really seems Europe couldn't get a quickie in a brothel they way they co-ordinate.
Plus not wanting to take in up to 4,000 ISIS sleeper agents according to German Intel. Funny how Germany was so keen to take in 800,000 refugees until some of them raised the black flag of ISIS while fighting with German police a few days ago.
At least if we put them in Northern Australia it is not so far to bomb them.
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