L 0 K 1 on Nostr: It's a problem for markets also because the small population of strong young folk ...
It's a problem for markets also because the small population of strong young folk with low skills is very small, and the middle age group 35-50 is small and the 50+ is growing.
This means that those old people can't retire, and that also makes it harder for the young to get into work, and the burden on families taking care of their sick old relatives is set to increase, and decrease their capacity to divert resources to entrepreneurship.
it's going to be a slow motion trainwreck.
Published at
2023-08-30 06:59:15Event JSON
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"content": "It's a problem for markets also because the small population of strong young folk with low skills is very small, and the middle age group 35-50 is small and the 50+ is growing.\n\nThis means that those old people can't retire, and that also makes it harder for the young to get into work, and the burden on families taking care of their sick old relatives is set to increase, and decrease their capacity to divert resources to entrepreneurship.\n\nit's going to be a slow motion trainwreck.",
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