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I think the entire developed world is going to run into a bit of trouble once all the boomers and Gen Xers retire; in a lot of countries, millennials are just a tiny percentage of the population, and they're the ones who will be producing the tax base from then on. Spending on medical care would become overwhelming for most governments unless new tech can just cut down on costs severely, or if we can easily automate most jobs (and thus making the corporations far more wealthy, then you can get more taxes from them to pay for other sectors). I imagine in other less developed (but also facing the same demographic crunch for one reason or another) parts of the world they'd just cut medical care for the elderly entirely, and that would give them an advantage (defense funding wise) over states that do care about civil rights.
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Sep 11, 2020 08:02
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| # ¿ Apr 28, 2024 11:40 |
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