Really, ….. it's my fault they built a terrible system?
Really, ….. it's my fault they built a terrible system?
The era of a strong economy was brought on by factors from WW2 and the weakening was brought on by 2-3x growth in world population.
More people fitting into the same cities means less space and more demand.
More people means more workers for jobs that pay even less because the competition is fiercer than ever.
More people means more percentage of resources going to surviving and less on luxuries.
We can give a small % of global population luxury. US QOL isn’t sustainable on a global scale with the resources available in the world.
…wikimedia.org/…/File:Total_Fertility_Rate_for_6_…
By the end of the century only Africa will have a fertility rate higher than 2. All the other continents have a lower rate than 2, meaning a decline in population.
Fertility rate is just one piece of the equation.
Infant mortality rate is off the charts in Africa compared to the majority of the world.
Average life expectancy is also much lower in most African nations compared to the places with low total fertility rate.
There’s a lot more nuance than even just these two other pieces. Generalizing at a continent level is really poor. A typical metropolitan couple/family is going to have less kids than a rural family in the US where cost of living is lower and pressures from religion and family are higher.
When your neighbors, friends and family are holding off from kids to pursue higher socioeconomic standards there’s pressure to live up to them or surpass them. When your neighbors, family and friends are having kids left and right you feel pressured to join them too. Just food for thought.