Demographics Reversal: Shock As The Elderly Outnumber The Youth

1470860058_GettyImages-482526667

It’s known as the historic reversal, and it appears irreversible: Places where the old outnumber kids.

What began in 1995 in a single country, Italy, will spread to 56 nations, economies as diverse as New Zealand and Georgia, by 2030. These are the findings of Joseph Chamie, who spent a quarter of a century studying population patterns at the United Nations in New York and now is an independent researcher.

The former UN head demographer compared population projections of kids under the age of 15 to that of people aged 65 and over. It’s not just industrialized nations like Japan and Germany succumbing to the age curse. The turning point will take place in 2020 in the Cuba and South Korea, followed five years later in Thailand and the U.S. By 2075, the global population is forecast to pass the demographic milestone.

Chamie refers to this as “the jump from a Toys ‘R’ Us society to an Olds ‘R’ Us one.”

While the prospect of longer lives is a good thing, problems arise when a shrinking work force cannot foot the pension bill. Several decades ago, you could have had about 10 workers per retiree, but that could shrink to the point where in Italy, for example, you had three workers per retiree. While the political choices are unsavory — increase taxes or cut benefits — governments are running out of time to act.

You “can’t repeal the law of demographics,” Chamie said.

Original Article:http://www.bloomberg.com/news/articles/2016-08-11/more-old-than-young-a-population-plague-spreads-around-the-globe

Read More:Depopulation Agenda At Work: 2015 Had Lowest US Fertility Rate Ever Recorded- Down 600,000 Births

Read More:Depopulation Agenda At Work: Millennials Avoiding Sex More

Read More:Population Control End Game: Future Children Will Be Born Out Of Artificial Wombs

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: