The effects of an aging population and changing population dynamics in developing countries are becoming more pronounced, and young people are feeling the squeeze. This can be seen in Japan, Italy, and other countries. Young people are experiencing lower incomes, higher taxes, less available housing, and increased government spending. You can also see this in the article here about why populations in Japan and other developed countries are declining and young people are having fewer babies.
This is a huge problem not only for young people but for society as a whole. It would be even more obvious to people today, if it wasn’t for the immigration that is happening that is keeping populations stable. Immigration is not the answer because it doesn’t solve the root problem.
So what should young people do about it?
The problem is real, and it requires urgent attention. Young people need to realize that the situation is not going to get better without action. It is up to them to push for political reform and demand policies that benefit them. These policies may include lower taxes for younger people, as well as more housing being built to lower the cost of living.
Young people also need to look for ways to get ahead that do not necessarily follow the traditional path of university, job, mortgage, and marriage, which may work for the top 10% but not for the rest. It is important to be in that top 10% if following that path, or if its not possible, to focus on developing high-income skills, such as coding, artificial intelligence, and content creation, or other high income skills. Seeking out mentors who are more successful and can guide them in their journey and working at a job in such an environment could be better than going to university.
Being open to looking abroad for opportunities or to improve their development is also a viable option. Young people should not be limited by geography. There are opportunities out there that they may not be able to find in their home country.
It’s important for young people to avoid getting caught up in the media circus. They need to remain level-headed and not let the media dictate their decisions. This is especially important when it comes to financial decisions that could impact their future.
In conclusion, the aging population and changing dynamic is squeezing young people more than ever before. It’s a problem that requires urgent attention, and young people need to take action to improve their situation. They need to push for political reform, find new paths to success, be open to opportunities abroad, and avoid getting caught up in the media circus. By doing so, they can help ensure a brighter future for themselves and society as a whole.
