The question really is who will consume all these goods and services? Without enough young people, economies could head into a consumer slump, leading to long-term financial crises.
The question really is who will consume all these goods and services? Without enough young people, economies could head into a consumer slump, leading to long-term financial crises.
Well people do have the propensity to consume more as wealth of nations builds. However, there is a point where the decline in people overwhelms that.
After all, how many Netflix subscriptions can you have?