One of the upsides of collapsing fertility should be rising incomes for those who choose to work. Fewer workers supporting a fast-rising group of elderly people (and in the UK at least, a fast-rising group of disabled people) should make labor very valuable indeed.
Good news, given how horrible real income growth has been over the last 15 years. If all goes well with this transition to peak humanity, young people might even soon be able to afford to buy houses and have children again.
www.bloomberg.com
#Change #Merryn #Talks #Money
