You can lose half your working population if your workers can be more than twice as productive… which they can, given advancements in automation. That’s why South Korea, Singapore, Japan, and Germany punch above their weight despite also running headfirst into demographic collapse.
You can lose half your working population if your workers can be more than twice as productive… which they can, given advancements in automation. That’s why South Korea, Singapore, Japan, and Germany punch above their weight despite also running headfirst into demographic collapse.