Demographic Warning by Elon Musk

By KF Cheng on Wed, 2021-02-24 - 18:36
Elon Musk: MY LAST WARNING!
Elon Musk Zone
Published

By looking at the demographic pyramid of most countries, including Japan, Europe and China, it can be seen that it will not stand.

 

  • High dependency ratio where the no. of people who retire is high compared with the net producers
  • The social safety network will not hold
  • The social norm is to have an average of only 1 kid.  Even if the policy is released, e.g. China under the 1-child policy, it won't change
  • Will become a severe issue in the next few decades

Examples:

  • In Japan, adult diapers outsell baby diapers
  • Europe & China are heading the same way