Re:Trading halted as U.S. stocks plummet
by beambot on Monday March 09, 2020 @02:40PM
(#22528302)
US fertility rate is approx. 1.8, well below population sustainability. If it weren't for immigration (a political policy question), the US would have negative population growth too.
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Not too be too glib but this reminds me of one of my pet truisms:
"If things were different, then things would be different."
Japan is way more insular than the US [1]. You can theorize about what might happen if we didn't have net immigration but it's largely irrelevant because we do.
[1]: https://www.nytimes.com/2003/07/24/world/insular-japan-needs...
Re:Trading halted as U.S. stocks plummet
by RhodesianHunter on Monday March 09, 2020 @10:24PM
(#22532187)
It isn't irrelevant because it's a constant battle and has been significantly curtailed under the current administration.
It's crazy to me that so many generally pro-business folks have suddenly turned against immigration in the US. It's pretty much the US's best bet at continued above-OECD-average economic growth (until the rest of the world becomes middle class). And the US is, culturally (well, mythologically) pretty pro-immigration and generally good at integration. sigh
Re:Trading halted as U.S. stocks plummet
by 6gvONxR4sf7o on Monday March 09, 2020 @08:30PM
(#22531482)
Without population growth, the economy won't grow as quickly, sure. It may even shrink. But does that matter per capita? I'm curious how population dynamics has effected Japan on an individual financial level.
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Re:Trading halted as U.S. stocks plummet
by akhilcacharya on Monday March 09, 2020 @02:51PM
(#22528454)
Is that why American society declined in the early 20th century when there were effectively open borders? Oh wait, no it didn’t.
A 3-month harrowing journey into unforeseen circumstances is an excellent filter, indeed.
Please do not be flippant or purposely obtuse.
Re:Trading halted as U.S. stocks plummet
by jessaustin on Monday March 09, 2020 @04:41PM
(#22529532)
Please do not be flippant or purposely obtuse.
If you're saying this, the real conversation is taking place over your head.
Like, for instance, thousands of miles through the desert?
Or are only sea voyages from Europe harrowing enough?
Re:Trading halted as U.S. stocks plummet
by thereare5lights on Monday March 09, 2020 @02:58PM
(#22528503)
Immigration is more controlled today than it was in the past.