PAKISTANFOREVER
ELITE MEMBER
There is a assumption that low borth rates equals decline. That is false. It assumes the technolofy is stagnant. It is not. The use of importation of cheap labour stagnates innovation and developmemt. It is form of luddite economics. If no cheap labour is imported it will lead to price increase and that will incentivize hi-tech solutions. My son tells me in Japan and South Korea he saw increased use of robots in daily life as opposed to UK. For instance at Seoul airport there were robots that guided passengers to where they wanted to go. Point being is technology will get a boost and it will plug the need of cheap labour. I think this is where Chinese will go instead of importing millions of me and @war&peace to give them lectures of virtues of Islam.
@OsmanAli98
So true. Africa has the highest birth rate in the world yet they are the most backward continent.