Demographics is Destiny

by Karl Denninger Market-Ticker.org

There is a collapse coming.

We can either try to mitigate it or not.

Either way its going to be bad, but if we do nothing — or worse, do more destructive things or continue those we’re doing now, it will be catastrophic.

Its simply the mathematics of the problem; at a 1.6 fertility rate (when 2.0x is required) in 20 years you’re in trouble, and in 40 you’re in really, really serious trouble.

No, you can’t fix it with immigration. That’s a trope and it doesn’t work because if the situation that led to it is still present bringing in more, new people simply result in them making the same decisions in a generation or two and you’ve accomplished nothing.

You have to change the paradigm in a way that reverses the disincentives and threats.