"Great replacement theory" is a red herring. Governments are importing people to have this sort of real estate 'bail-in' and to create a new voting class to boot
Discussion
And pressure on keeping wages down, when they eventually enter the labour market? (Apparently a lot are already working for delivery apps using other people's NI numbers here in UK)
If it looks like a red herring, and smells like a red herring...
I think the powers that shouldn't be see mass migration as a solution to the problems they created.
Low birth rates -low house prices-shrinking GDP-collapse of fiat based economy.
And they didnt think there would be any trade offs. They assuned people woukd come and either assimilate (because we are so great) or leave (because money is their god).
I dont think it occurred to anyone that people moving here have thier own agency, desire and cultural attitudes.
One day the money printer will stop.
And It's going to get bad.
Historically bad.
All I know for sure is that people from destabilized countries are making pilgrimage to the US, and Freddie, Fannie, and Ginnie are all broke deadbeats. The bread and circus around those matters here are so fucking rampant that it's almost telling in its own way
Thr whole world is a stage, and the people upon it merely players.....
But really, where are the serious discussions by academics and economists on this? They may well exist, I could just not have found them. Certainly don't seem to be prominent in wider public, despite the huge interest