Luminous5481 comments on Marriages in China fall to lowest rate in a decade as country grapples with decline in birth rate and population

[–] Luminous5481@anarchist.nexus 3 points 6 months ago (2 children)

because China has an increasingly aged population that lives on retirement money from the government. think Social Security. that system is dependent on people who are still working paying into it. because of the one child policy that was abolished a decade or so ago, there are less young people than old. meaning not enough people paying taxes to support the older population.

idk how they intend to address the issue, but I'm sure they have a lot of people trying to figure it out.

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[–] warm@kbin.earth 4 points 6 months ago (1 child)

It's the same for all western countries too, well, most countries in the world. And guess what old people are voting for at the polls? It isn't sacrificing anything of their own for a brighter future for the youth, that's for sure.

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[–] Luminous5481@anarchist.nexus 2 points 6 months ago

well, it's a bit worse for some countries. South Korea, for example, is already doomed. they've passed the point of no return and can't reverse the population collapse. I'm not a person who is educated enough to give a guess as to what that will mean for them in several decades, but I imagine it's nothing good. the country likely won't survive as it is now.

China can still avert disaster, but it's still gonna be uncomfortable for them until that aging population starts, well, not being there anymore.

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