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Re:The global fertility rate is falling by iso1631 on Wednesday July 15, 2020 @04:25AM (#23842609)
You can have a billion dollars worth of shares in amazon, hell you can have a billion dollars in cash. It isn't going to wipe your ass in a nursing home. Someone young will. If the people who do the work are downtrodden enough why would they bother participating in your scheme?
Re:The global fertility rate is falling by menybuvico on Wednesday July 15, 2020 @07:32AM (#23843753)
This is the one thing people seem to forget; people who work in places like nursing homes rarely do so because they have a dream of wiping old people's asses for a living. Instead, they do it because they need the money.

In a society where there are plenty of other well-paying jobs to be had, working at a nursing home won't be the popular choice. I expect the future to be interesting.

Re:The global fertility rate is falling by odrekf on Wednesday July 15, 2020 @12:09PM (#23847266)
Some people have vocation for taking care of the old and the sick. Yes, they do it for the money, but they could have chosen something else, and yet they chose nursing because to them it is rewarding. Job satisfaction and doing good things for others are very important indicators for happiness.
Re:The global fertility rate is falling by menybuvico on Thursday July 16, 2020 @05:00AM (#23857101)
Definitely. The people who want to work in nursing homes are probably outnumbered by the people that have to, however, and once the others leave, others will too, simply because the job will become unbearable. Combine that with increased numbers of retirees and fewer potential employees, and things could turn ugly real fast.

Personally, I'm preparing for a future where a nursing home isn't an option. Just in case.

Re:The global fertility rate is falling by qayxc on Wednesday July 15, 2020 @07:27AM (#23843715)
Someone clearly hasn't seen what a healthy lifestyle can do for you: https://theculturetrip.com/asia/japan/articles/why-japans-ok...

It's common to equate old age with nursing homes and misery in the West.

Other cultures show that this needn't be the case at all and is - for the most part; there's still about 30% genetics involved - dependent on how you chose to spend your days. Less Netflix, Facebook, and convenience food, more exercise and healthy, non-processed food can get you much further than a billion dollars and medical personnel...

Re:The global fertility rate is falling by iso1631 on Wednesday July 15, 2020 @08:32AM (#23844237)
If an 80 year old no longer contributes to society, and all they have is pieces of paper indicating they used to contribute in the past, they are relying on people who do contribute (by fixing toilets, growing food whatever) to accept those pieces of paper. They will only do so if they feel they are getting enough of those pieces of paper, and if they will believe those pieces of paper will work in the future.

The health of that 80 year old is only relavent in terms of the amount of resources needed to move from the working class to the non-working class. The healther the aged, the fewer the resources. The higher the working:retired ratio, the fewer the resources.

What is to stop the adults under say 50 who have barely any capital at all (401ks, houses, shares, whatever) from saying "screw this, I'm off to $other_country where I don't live hand to mouth and have no future of retirement"

A country can not survive when 90% of its population are 80 years old, no matter how healthy or rich those people are, it means for every 10 hours an under-80 works, 9 hours is to produce goods and services for other people.

Re:The global fertility rate is falling by amanaplanacanal on Wednesday July 15, 2020 @11:07AM (#23846231)
Goods and services do move across borders, though. A single country’s economy doesn’t exist in a sealed bottle. Those pieces of paper can be traded for foreign goods and services.

Now if the whole world was 90% elderly you might have a point.

Re:The global fertility rate is falling by iso1631 on Friday July 17, 2020 @02:38PM (#23873896)
That's the whole point of the article - immigration is no longer the solution, the ratio of working:retired is falling.