In the English-speaking world, the 50s and early 60s were a boom in many ways - babies, economic growth, workers' share of national income, confidence in the future. The former USSR had something very similar, despite its very different system.
The last time the birth rates were this low was the Great Depression, and I suspect this is no accident.
We are also witnessing the collapse of our civilization, all the signs are there -massive money printing, corruption, decadence, invasion from outsiders etc. The baton will be passed to China.
Facts.
Although China has its problems (same as the first three of ours).
It may drop the baton on its foot soon after we pass it.
We've never seen a civilisational "dropped baton" on a global scale before. Historical merely-regional de-complexifications were pretty horrific.
The Chinese will not even take the baton. They're too experienced over hundreds or even thousands of fears not to fall in this "trap".
Well, I mostly mean that China is where the wealth will massively accumulate regardless.
Yes. Without any doubt.
Maybe.
Chinese history is a series of expansion and centralisation, inward-looking despotism, violent and pitious collapse, and then stabilisation for a time at lower levels of complexity and centralisation.
They've ridden this train a few times, but there are always leaders sure they can get off before the final stop.
Agreed. It will be very interesting to see how they'll adjust to this new reality in the long-term.
