Doonhamer7
Well-known member
- Jun 17, 2016
- 1,512
Just been linking a few items together after a recent trip to Korea where I had a conversation on their depopulation issues with their fertility rate dropping to <1 for divert woman (sustainability rate is 2.1). Followed up by a number of YouTube videos and articles - is this now a big crisis to life and society as we know it. The current uk rate is now down to 1.44. Even India has now dropped to <2.1. the Repercussions are huge with not enough people going into the workforce to replace the existing workforce and as we age then pensions aren’t sustainable. For example in Italy there are currently 1million 50yr olds, but there was only 440,000 babies born, so in 20 years time there will be huge shortfall with most of the 1million still being alive and pensioners with less than 1/2 paying for their pensions. As the financial position gets worse we’ll probably be seeing even less children. So my thought is do we now need policies to encourage the younger generations to starting to have more kids, such as tax breaks, increased child allowance, subsidised childcare?