this post was submitted on 04 Sep 2023
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Low birthrate and ageing population pose ‘an urgent risk to society’, but can opening its borders to skilled overseas workers fix the problem?

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[–] kalleboo@lemmy.world 7 points 1 year ago

Culture aside, pretty much every country has its pension and health care schemes set up as basically Ponzi schemes - they require young people (who don't need much healthcare and don't get pension) paying in to support the simultaneous payouts for the elderly. You have twice as many elderly as young, suddenly the young need to pay in twice as much.