Demographers have known for about 20 years that unless something unexpected and almost miraculous happens, the welfare systems of Western Europe will collapse somewhere in the 2030's . It'sa pyramid and when the people receiving benefits are not mathched by the larger workers at the bottom contributing from wages ,it fails.Elderly are increasing, young and workers ,decreasing.World disaster. Simple math really and no one denies it they just say 'we will find the people' Watch for a preview in 2025-2026 when the Enrollment Cliff for higher education comes in.And there is absolutely no avoiding it. 7% left due to Covid and never came back and 15%( well over one-half milllion)of stuidents are not there.
the “demographic cliff”
anticipated by up to a 15 percent drop in freshman prospects approaches, beginning in 2025 due to the decline in birth rate in the 2008 recession and lasting for years after. Those missing babies in 2008 would have begun entering college 17 years later, in 2025.
Now, we see another major drop in births during 2020, with births down 4 percent over the year, but notably accelerating to 8 percent by December
as the impact of COVID took hold earlier in the year, reducing births nine months later. It remains to be seen just how long and how significant the decline will be through this year. This new birth drop echo will begin to reach colleges by 2037.
These drops come in the context of a half a dozen years of annual declines in births in the United States.
IT"S DISASTER IF YOU HAVE EYES TO SEE.