China’s birth population has fallen below 8 million—this is more serious than many people think.
Not that kind of “feel-good” story about “fewer people means less competition.” This is concrete: the pension you pay—when the post-’80s generation retires, it’ll likely support about one person for every extra year of contribution; the non-core-area home you hold now won’t be enough for the next buyer to split the burden after 20 years; and in your hometown’s smaller third- and fourth-tier cities, schools are already being merged and malls are starting to go vacant—not a sudden collapse, but a slow emptying.
Worst of all, these factors feed into each other: fewer people → land can’t be sold → local governments have no money to subsidize childbirth → even fewer people; fewer people → social security gets tighter → young people carry heavier burdens → they dare not have children even more. Once this negative feedback loop starts, it won’t be stopped by a policy that simply offers “three-child” subsidies.
What ordinary people can do is to re-calculate the numbers: don’t stubbornly hold onto non-core assets like property; choose careers that “machines can’t easily replace” or that are driven by “aging-related demand.” When picking a city, look at net population inflow—not just GDP. The trend is already set; disagreements only differ in how quickly the downturn accelerates. Don’t pretend you can’t see it.
In the future, what will you rely on for your retirement? That’s why ordinary people need to save for a big cushion! $BTC $ETH $BNB #SEC向白宫提交加密托管规则提案 #比特币64亿美元期权将到期
Not that kind of “feel-good” story about “fewer people means less competition.” This is concrete: the pension you pay—when the post-’80s generation retires, it’ll likely support about one person for every extra year of contribution; the non-core-area home you hold now won’t be enough for the next buyer to split the burden after 20 years; and in your hometown’s smaller third- and fourth-tier cities, schools are already being merged and malls are starting to go vacant—not a sudden collapse, but a slow emptying.
Worst of all, these factors feed into each other: fewer people → land can’t be sold → local governments have no money to subsidize childbirth → even fewer people; fewer people → social security gets tighter → young people carry heavier burdens → they dare not have children even more. Once this negative feedback loop starts, it won’t be stopped by a policy that simply offers “three-child” subsidies.
What ordinary people can do is to re-calculate the numbers: don’t stubbornly hold onto non-core assets like property; choose careers that “machines can’t easily replace” or that are driven by “aging-related demand.” When picking a city, look at net population inflow—not just GDP. The trend is already set; disagreements only differ in how quickly the downturn accelerates. Don’t pretend you can’t see it.
In the future, what will you rely on for your retirement? That’s why ordinary people need to save for a big cushion! $BTC $ETH $BNB #SEC向白宫提交加密托管规则提案 #比特币64亿美元期权将到期