Finally, somebody addressed the issue and proposed an idea about what to do. And it went without yelling ''the US government is the messiah and savior''.
There's an American chef who started a coffee shop in Kenya in 1999. By 2019 he had dozens and they had total revenues of $40m a year. He then sold them for $100m to some rich Arabs. His coffee shops sell Starbucks-like products using locally grown coffee. Starbucks isn't interested in opening coffee shops in little Kenya. They just buy our raw coffee for crap prices. Local farmers have wisened up and are now roasting and selling their coffee locally.
Had a beer the other night with my Mexican neighbors here in Puebla🇲🇽. Amazing to see how they talked about Mexico. Plans to compete with the Panama canal, Maya train, innovation to turn sargasm into an energy source and new airports build and being build. I observe optimism and pride. I can’t remember ever having a conversation like this in the Netherlands where it’s either about how great it used to be or complaining about how much worse it will get.
It's nice to see Mexico flourishing and people with pride when talking about their home country. Viva Mexico 🇲🇽✌️ cheers from 2 Canadians 🇨🇦 living in Mexico.✌️
@@beuman0Google is your friend. It pays to keep up with this sort of thing. I’ll help you out. Mexico's government plans to build the corridor as a faster alternative. It takes eight hours to cross the Panama Canal from coast to coast, but the Tehuantepec corridor is expected to reduce travel time to three hours. It will have capacity to transport passengers and up to 300,000t/d of cargo.
The West is dying within, but as it goes down it will drag much with it. For example, restricting the flow of capital, taxation reach to those who try to flee.
Thank you Andrew for addressing this issue! Actually what most people think, that the main unit of the human society is the individual, turned out to be untrue!! The main unit of any human society is the family 👪, in the traditional sense,.. where three age groups are practically living together under ONE roof!! 1- Mother + Father 2- Grandfather + Grandmother 3- Children In this way, the society will continue in balance!! 3
The UK will still have a good number of working age brits because they keep raising the state retirement age :-) they basically want the peasants to work until they drop! And tax citizens that thought they had enough to retire early so they have to go back to work if they are dumb enough to stay instead of moving to a country that isn’t going to rip them off!
Indeed,I am retiring early to thailand with at 47 with 500k in a few years.I am deciding rather i want to use a percentage of my retirement to pay cash for home in michigan.Sounds like a great move to own a home outright in your retirement years.
A young white female student at the university told me how bad it is to have children because auf climate change and how racist it is if these children are white. I am father of three daughters. I want to live in a country where it’s ok to be a traditional family. Go where you are treated best - financially and politically.
AI/Robotics will almost completely offset the aging issue by the time it starts to become an issue (2030+). Immigration will drop as a result of less demand for human labour (except high-skilled immigration in relevant areas). Developed countries will focus on localized production as labour costs become less of an issue. Less developed countries with resources have the potential to grow faster (if they play their cards right) as the factories to process their resources become more automated and require less local talent/education, allowing them to jump straight to high-value end-product production. Less developed countries without resources are probably F'ed, as their only asset, low-cost labour, is no longer in demand.
robotics will take another 2 decades to be developed and integrated to the extent that the drag of the elderly becomes negligible. by that point, it'll be too late. the demographic shifts encouraged thus far are basically permanent.
I would say 10-15 years to offset the aging workforce issue. That's more than fast enough for most countries. 15-30 years we will see an exponential expansion of global GDP.@@user-nm9qd6bo6h
looking around, much of the East also has major fertility problems: South Korea has a shockingly low fertility rate but, China has a double-problem. they have a low fertility rate (in a country where the 1-child law was in effect for decades, just 1 child became "normal" & continues even after that law was repealed) compounded by a major sex imbalance where families wanted their 1 child to be male, sex selective abortions were illegal but not uncommon. the result is "broken branches" - many men who will never find a wife in China. BIG social/political problem!
I think you might be referring more to developed countries’ “working age” people. Developing countries’ working age adults rarely hang around in the streets, malls, beaches or in their parents’ homes.
@@mjmf1430 you are having a laugh. The problem for working age young people in "developing countries" is there are no jobs and/or what jobs there are pay a pittance.
Also great advice, more eggs in more baskets, I cannot wait around for people to wake up, sadly this will never happen, however I can act in my own best interest and be prepared to leave a sinking ship.
@@Southeastasiantraveler we are in Mérida Yucatán Mèxico but moving to Xalapa Veracruz Mexico soon friend. Feel free to follow our journey we'd truly appreciate your support. ✌️😁
I expect there to be capital controls in the USA, UK and EU zones in the future. This will be easier to control with CBDC. So it will not be so easy to move to a different location in the future.
True, I expect also more controls in UK and less liberties. I hope that happens so Albion goes back in their liberties and start to lose global power. It is important that they receive more immigration for that in part.
@@bodysplendor UK could have done well if it had Brexited in real and not just name; i.e. a no deal with the EU and become more independent and self sufficient. Unfortunately the UK is economically and politically doomed but I would guess that most of the EU countries will be worse off. I am loving watching Germany de-industrialise itself with the sanctions it went along with.
@@nomadcapitalist I moved my capital to Thailand and keep it 25% in Swiss Francs and 75% in Thai Baht Physical Gold. The good thing about Thai Baht Gold is that it is traded at US Dollar Gold price and there is very little spread between buy and sell price. I am not looking at a return on it; purely capital protection in these weird economic times.
Having the populations age and shrink is a good thing, just not something industrialists like to see. As populations age and die off, capital is released and opportunities to buy homes at affordable prices rise, also, skilled labour becomes more valuable. Immigration distorts a natural cycle that would otherwise offer a long term net benifit to a nation, and yet many nations try to avert this natural contraction through an Immigration industry to try to maintain the economic status quo. Pensions are always another justification for immigration, but growth in the tax base often obfuscates the lack of opportunity for those arriving as wealth is still tied up in the hands of the aging population they are being asked to support.
Not sure what you are advocating given that there could develop a culture in which people from a young age invest in their future, retirement or other. Then they still get old and still hold all those assets. In counterpoint to saying "no pensions" so those that have nothing to fall back on simply die. Freeing up no assets as they don't have any. I see the makings of some powerful dystopian fiction based on this scenario and variations of it.
Maybe capital and residential homes are not released because it is inherited by a capitalist oligarchy that continues the relationship of expoitation against the mass of workers deprived of means of production.
Unfortunately, in the US, CRE investors like Blackstone/rock will soak up any available inventory of housing opened up by Boomers dying off. Supply will continue to be tight and prices will not come down, much.
@@TheyRiseBand the value in holding a huge supply of housing assets and other real estate will diminish when they are no longer productive with a shrinking population. Corporations are looking for returns on investment and they ditch the assets that return less or become liabilities over time. Labour will shift within the nation to districts that attend to imbalances of holdings giving rise to artificially high housing prices. This might be higher property taxes for corporate holders of residential property and then rent control to put the squeeze on them to release it.
Excellent video. This is key for macro net-worth growth. You don't want to be tied to an "old" country, but AI will offset some of the productivity and they still have the experience. Something to see for the future.
Ai will not fix shit. Ai only fixes the supply side but the issue isn’t supply it’s the demand side falling. Who’s gonna buy the products the Ai makes? No one. Old people don’t buy much
@@hackmedia7755no one is in debted to you to stay behind to look after you, apart from your family, but even those traditional values have been erased.
Western countries are run by gerontocracies, workable AI regulations will come too late to offset the losses. I mean the rest of big tech, crypto and social media still hasn't been properly addressed.
Good video, and I completely agree as someone who works in international financial markets. Macroeconomics is driven by many factors, with demographics being one of the biggest. Another metric to consider is investments at the state level. Both Saudi Arabia and China have been investing heavily in Pakistan. While the country does face many challenges due to poor governance and corruption, there are bright spots. A potential leader like Imran Khan, who has a history of battling corruption and promoting industry and investment, offers hope. I put countries like Pakistan and Uzbekistan as potentially very good long-term investment opportunities. I do agree with Pakistan’s predominantly English speaking educated society that many FinTech startups are already taking advantage of.
IF Whats COMING Over The BORDER IS ? GROWTH ? I Hate To See and Think WHAT DECLINE LOOKS LIKE. Country Has Been Going DOWN the Throne. Since 1913. Its More Noticeable at the Present.
You talk about the United States not having as old a population a many of these Asian and European countries. But as you know, this is largely because of immigration, both legal and illegal, which does not take into account the low quality of those younger immigrants. We are importing millions of young, military age illegal immigrants with no skills. Unless you’ve got plenty of grunt and scut work for them to do, they will become a drain and a danger to our society as those jobs are increasingly done by machines.
@@keenanhomemovies6517 do they? Do you have data or it is just your opinion? Because empirically (in my 30+ years of corporate career which included hiring) I have observed the opposite. While majority of foreign students do end up going back (and only because of visa restrictions contrary to their preference to remain in USA), one can also state that very significant portion of new entrants into corporate jobs includes foreign born graduates. Statistics could be notoriously capricious for interpretations.
@@keenanhomemovies6517 Yes, because they give us the visa only for study. When that finishes, I have to leave and come back as a tourist for a limited amount of time. That happened to me.
All one should do is walk around the Microsoft corporate campus and neighborhood to see the change. But, of course, don't believe your lying eyes as the media and politicians keep telling us as they call us "racists" for calling this out. Banks and corporations see a country like India with well over a billion people with a young average age, current low household debts, as the next bunch of educated, compliant cattle to corral and load up with consumer goods, fiat debt, and Marxist indoctrination that will eventually break down their family structure, and culture. Be careful what you wish for and celebrate when you cheer the demise of the Western populace aka Europeans. Everything runs in cycles.
I would sure love to see what your best places to retire to would look like. You dive deeper into the economics and practicality of individual countries.
In the US it seems they want to milk seniors for health care and nursing homes. So no wealth left for our kids. I’m a new subscriber. I’m married in my 60s. We have three children in their 30s. Our main wealth is in our home. Probably something of a bubble in Nashville but we’ve lived in it 20 years. We both have pensions. We should be able to figure out something. Will explore other countries. Leaving the country never occurred to me before. My husband’s parents migrated from the Philippines to the US 100 years ago. My parents left Oklahoma for California 70 years ago. We left California for Tennessee 25 years ago. It all worked out. We don’t have much to lose. They talk about red states, but Nashville has its mind on becoming a 15 minute city. It’s overbuilt massively by Wall Street investors over the past 10 years. And the US federal government convicted Tennesseans of federal crimes for praying in front of abortion clinics. I’m tired of this closing in. Our kids will not buy homes here. I’ll start researching. We researched Tennessee before we owned a home computer. Our government hates us. Why stay and be slaughtered or even slowly bankrupted? Twenty good years somewhere else is worth it. Thanks for your channel.
Unfortunately, Africa has a very long way to go, as they do not have a history of good governance and sound leadership paradigms. Ethiopia, for example, is the closest to come to North Korea for conducting business, and it is unlikely that the tribal conflicts will stop any time soon. Kenya has evolved to a nightmarish bureaucracy, marred by nightmarish corruption. Bureaucratic thinking pervades not only the public sector but even ordinary companies, it has become a kind of a modus vivendi: make things as complicated as possible, introduce the maximum possible number of unnecessary steps and problems everywhere... Rwanda is promising, but nobody knows what will happen after Kagame. I would hold myself to regions, where the people and their leaders have taken the one crucial decision that matters: "we shall develop".
Agreed with jayrober, leave Africa out of the discussion. The government instability 80% of the time is due to US or French government intervention from foreign policy, which is backed up with the threat of death for not towing the line. The last 3 years of 4 African leaders dying for refusal of corporate interests on its population proved that. Each of my plane journeys to West Africa from Amsterdam had over the last 2 years 60%+ Europeans on board, and they were not just contractors either, families too. The places I went to are a very stable governments!
@@spacesandplacesoutthere In the end maybe, if a change of attitude occurs in the meantime. For the moment, the attitude is to blame others, and to pull out the card of colonialism and racism against whoever utters critical thoughts - instead of benefitting from the criticism by addressing the issues...
@@gerassimos.fourlanos Change is inevitable. Every grown adult should know this. Which is precisely why the Western powers are trying everything they can to keep the pendulum from swinging back. Unfortunately for the West, Unviersal Laws are undefeated. See history and the chronicles of time for reference. It's not a matter of if, but when.
@@gerassimos.fourlanosI'm an African and i agree with taking accountability. Outsiders only take advantage when we are already in shambles and divided.
Japan is the oldest country in history because they have: 1. A healthy diet (high in vegetables, seasonal fresh fruit, fish). 2. A cool climate (alkalizing to the body). They live longer than people in countries with fatty, processed food diets and a warm climate.
I would add that tech advancements both now and in the future will aid in the drastic rise of these economies. Something like not having to move to a “western country” to grow your business or career will be very impactful. They will be able to stay where they are treated best!
Immigration won't solve their problem. If your population is high value add jobs, not many people will want to move into a giant old folks home with old people benrfits
Thanks to ideology of that having only a child will make you live better than, having a regular o large family. And make women to believe that is better to work and have a career .
A major mitigating factor is immigration. For the moment, the West can absorb as many immigrants as it needs to. Look at New York London and Toronto. For the last 1-2 generations, the majority of their populations are first-generation immigrants. There's a housing shortage in all these places. That trend can go national to some extent. There are likely billions of people who would even in 2023 move to the US if given a chance. I'm not saying they're well advised, but they do exist. If and when living standards in the West drop too low to draw immigrants, their luck will be out.
The major factor in housing shortages waa covid. A sizeable anount of landlords sold up creating chaos. It is like there were a 100 apples for 100 apple eaters, and 10 apples went missing, but 100 apple eaters still want an apple each.
Agreed. If you live in the USA, Canada, or Western Europe and you have the means you need to start looking at opportunities outside of these areas, not only for investment but for a possible alternative home. All of these areas are changing, and they are under the control of broke and increasingly desperate governments.
@@nomadcapitalistPeople work with attitude in Pakistan because the purchase power of a salary of 1000 dollars is not the same in the US or in the EU. So yes, people in Pakistan will be very happy and motivated to work, but in the US and EU it´s peanuts. Nothing new here... **In Africa they are young but they also die young... You can become rich in Africa, but for other things like healthcare you need to be traveling to other countries. No security also and you need to have connections to the corrupt governments. Laws and the courts don´t work there. It´s the new old wild west.
UAE is starting up Palm Jebel Ali. Whenever I go to Dubai, I see young, energetic people who only care about making money. I've been to Tokyo, and, even though Tokyo has an exciting and exotic culture, and a money mad work ethic, I just didn't get the same feeling of hard work like I did in Dubai. Europe, I don't know, haven't left the transit airport since before The Plague years, since before 2019.
This article is missing the most important point. That a population is aging isn't the problem. It's how quickly it is aging that's creates disastrous effects.
Part of the reason it's growing is that people are living longer due to ongoing improvements in nutrition, food availability and health care. A side effect is that the average 70 year old can do as well in the workforce as the average 60 year old of 30 years ago. Given that, it would be reasonable to raise the age at which pensions come due. Not popular, but not wrong.
What are your thoughts on what life will look like long-term in ageing nations? I'm not sure I want to raise a family in Canada. I'm interested in Japan, as real estate is cheap, and it's already developed, but I am concerned that in 30 years time my children could be expected to shoulder too heavy a load to look after the elderly population there.
Developing countries are more willing to adopt to change and innovation because eastern countries are the oldest countries and yet have the youngest population of generations western countries want to hold onto traditional workforce and school setting models which worked and performed well in the early to late 1900’s what we all are witnessing is when times are simpler western countries thrived easily when times become more advanced and innovative western countries are unable to adopt to that this shows how strong eastern countries are when it comes to continuation of developing an economy
Are you using the term 'developing countries' and 'eastern countries' interchangeably? Are you saying that 'eastern countries' like China and Japan have the 'youngest population'? I assume your post has received upvotes on the basis that it appears to express anti-Western sentiment, which seems to be enough to get any post a flood of votes on this channel, irrespective of whether the post actually makes any sense or not.
@@paulietv2162 it’s plenty of eastern countries besides China and Japan unfortunately when most people think of eastern countries they think of the most established ones like China and Japan which are the very ones that I’m not talking about im only talking about the emerging market eastern developing countries in Asia and other eastern countries most certainly not China not Japan not Korea
@@jamalgreen3056 Right, so you are holding up places like Burma, Cambodia, Laos and Thailand as strong Eastern countries. I hold them up as examples of complete economic basket cases but I guess life's all about perceptions.
Power is concentrated at the top in the west. Most of the people at the top are old, and it took many of them a while to accumulate what they have, or spent their lives trying to hold onto what they inherited. Of course they're resistant to change - that would put them at a disadvantage.
@@reubenmorris487 Yes you're spot on - unlike the Central Committee of the Chinese Communist Party which is made up entirely of youngsters due to the strict rules in place which prevent octogenarian members of the Communist Party hogging all of the top positions until they go senile and die of old age 🤣🤣🤣 Are you people just in complete denial or what's the deal here? Have I stumbled into some kind of cult here?
It’s interesting thinking about this but Europe’s economic boom came about largely due to its massive boost in demographics. No one ever talks about this…
I don’t Africa population rise is sustainable. With the lack of resources already on the continent and the prevalence of malnutrition and you’re saying 2x or 3x the population by 2100? Absolutely not
This will most likely never be realized. It’s biblical. Here’s the scoop. Back in the year @780 BC, 2 tribes in Israel, Judah, Leviticus, Benjamin…something like that, 2 tribes in Southern Israel remained. 10 Lost Tribes broke away, to the North, Samaria. They went into heavy idolatry, whereby The Lord divorced them and scattered them throughout the world, whereby they scattered from Northern Israel throughout the world. These are called the Ten Lost Tribes. They also had received blessings, from Joseph, these 10 lost tribes, whereby they would be blessed throughout the Diaspora, it’s called, meaning they were not in their original lands, throughout Israel. They were scattered, bec of their idolatry, etc. But, they still retained the blessings of Joseph…..Sorry, Jacob. And these people became Western Europe and North America, as well. However, as eschatological end times, the very time of the end, prophetically approaches, these nations would come to a saturation point whereby, eschatological end times events and global alignments kick in and they start to be reduced in prominence as compared to all hundreds of years in prior times. Eventually, these lost tribes will return to their original lands. But, all of the blessings the whole world has experienced, spiritually, financially, etc., has been by this blessing of Jacob. It’s now changing as prophecy moves forward, so if you see a downward trend in western nations, it’s all prophecy playing out on God’s Timeline. 😀✅ Good link, Rick Renner on UA-cam, End Times Videos. He goes to the original Greek, V Important. Based in Oklahoma and (Latvia) and Moscow!
It doesn’t make sense to live in a country that feels and looks like a giant old folks home does it? Sure we can have robots and AI pets running around to do our errands but it’s certainly not fun without younger people and certainly wouldn’t be cheap living in such environment of high labour shortages, especially when older persons need more care and are highly labour intensive to look after, spots that no amount of AI can fill.
I feel as though the only thing that will save these countries that are facing these demographic changes is more immigration or a large increase in productivity. I think AI could help productivity, but it’s speculation at this point.
You are sure hitting the nails on the head ! Keep going ! But your forgetting about the birth & death rate around the World ! Compare both and make new video when you have time. Peace
Mr.Henderson could make video about best places to grow wealth in 2023 if you earn about 100000$ a year so not yet nomad capitalist customer figures but love to get there as soon as possible ofcourse. Thank you for great content👍
I wish you would do some research on whats the best country outside of America for a Black American to get a passport in and start to spread out and do business
Seems like most people never cover The Philippines demographics which is a perfect triangle due to majority of Catholic faith and family principles and bad food giving the country one of the lowest lifespans.
geographically though it has issues. It will grow % wise as that human capital and other capital returns but cannot see it being anything beyond its region
That's an absolutely valid point, The West is Getting Old and Dying (I had to keep the caps intact in alignment with Andrew's editing team). It is such a bona fide vindicable argument, that I had to travel to the west, the west of the west, and I came to the westest country I could find.. .. Japan!! To my surprise it wasn't Getting Old and Dying (again, the caps. Respect) Then I drifted towards the east, and lo! I found South America! not Old and not Dying! It's a different topic why I was introducing myself as 'Columbus' to the locals and called the local Colombians as "Indians" .. anyways, let me go back to my book "Nomad Capitalist" page.. now where did I keep my bookmark?
All good, but AI and robots will replace the humans. Like a robot will be so sophisticated and able to take care of grandma including changing diapers.
I agree with you on Europe not so much the US, the reason is the US is a leader in innovation and natural resources which makes it self sustaining this will always make it a rich country which will attract immigrants always- there are millions waiting in the immigration pool from India, china etc so I say the US is safe, I do agree with you though that the emerging market are a great place to be to get /build wealth tho
The only thing that is keeping the US together right now is it's reserve currency status and it's ability to borrow endless recycled dollars and printing to infinity which will eventually end.
@@papabear90 all the the big companies are in the US , most of the IP for new technology is in the US, most of research is done in the US so I would say there’s more to it than the dollar status
Europe's main problem is not having "big tech", e.g. with cloud control and has been Left behind Due to Countries like Germany sticking to hegemony over market share in 20th-century tech. But They have had good emerging markets, with UK is in the top 5(due to deregulation probably), and Switzerland and Denmark are in the top 10 leaders, globally in 21st Century Tech, In AI, cyber and Digitisation)
@@Rowlph8888 yeah big tech got huge margins so lots of cash and influence, the countries you mentioned are in the top but the first and second players eat 80% of the market so the fifth place get peanuts. Europe need to focus on healthcare innovation it looks like it got an edge there - fat loss medication etc
@@osamataha336What I don't understand is, "why" Europe cannot focus down and develop their own big tech as in cloud ccapital. After all, the US was the innovator of it, but China has developed it also apparently. Yanis Varufakis (His spelling is something like that) says that Europe is finished, because it doesn't have that specifically, but he's not indicating why "if" China developed it after the USA, why Europe cannot develop their own, if all countries focus down. I mean Europe pretty much pioneered most of the tech in the industriaal age in the 1st place, and they have a lot of potential for innovation
Turkey is dependent on energy from Russia. Turkey is Muslim Turkey has expanded manufacturing due to EU investment Turkey has massive inflation Ankara is due a massive earthquake as on a fault line.
If countries managed their economies properly then they would not be so dependent on constantly increasing the population to get by. This is all by design.....
@@user-nm9qd6bo6h And the smartest people will try and manipulate the system. Only the naive thinks they can change it for the better. I don't expect you to understand my point, your intellectual pay grade is well below mine.
Pay NO REGARD to this story. Artificial intelligence is going to more than make up the difference, which is why all the developed world governments are already talking about restricting it,
The Philippines has a huge working age population as part of its demographics and it has to have a government agency dedicated to exporting surplus working age population. The Philippines economy relies on remittances from abroad to account for approaching ten percent of its GDP. China had the One Child Policy and now has a youth unemployment problem. The problem isn't a lack of working age people, the problems are much deeper and are in fact all to do with population growth. Lowball estimates put world population at twenty five percent higher by 2050. Everyone is trying to find answers to the wrong questions. In an advanced industrial economy only a small proportion of competent people are necessary... if they're not shackled to a huge population of dependents. Japan will be fine if it can hold the line, as will China. Old people can't live forever. Italy is already done and England is not far behind because the places the migrants are coming from are third world for a reason, there is no magic dirt. The bottom line is poor people can only destroy wealth, they can't create it, and now so-called civilization has reached the stage where poor people are more reproductively successful than the productive people the only way from here is down. This isn't about race, intelligence has been declining in the Western world for decades even without migration from third world countries.
Increase the pension age . Lots af room for people to work up to 75 at least. And there is a lot of room for people to work younger. An awful lot of youth is wasted right now and a lot of laziness in the West.
But with all of automatization, AI and machines taking a lot of jobs, does ageing population pose a problem? As less working age people would be needed to keep up a sharply increased productivity per one working person
So what?Whats happening in the west now will happening later everywhere!Africa is the last place that will maybe growh its populatiin for the next 50 years and India maybe for the next 25years!
USA,Australia, New Zealand, Scandinavia, France and UK don't have the demographic probleems of 1st world Asia and other European countries..When the fallout happens, as long as they are still doing something like they are now, at that time, countries from those countries will move to these countries probably, at least in certain numbers, with the intention of sending money home to struggling families, a bit liike many in developing countries do with all 1st world countries now
@@Rowlph8888 In Scandinavia, France and the UK, it is primarily Muslim and African migrants who keep birth rates high. The birth rates of the native ("white") people declined sharply
You think your life is harder than some african has? They have children and are hopeful. You have it too nice, and you dont even know it. It is all about attitude! Make babies, now! It isnt easy, but it is worth it. Yes we can!
Finally, somebody addressed the issue and proposed an idea about what to do. And it went without yelling ''the US government is the messiah and savior''.
There's an American chef who started a coffee shop in Kenya in 1999. By 2019 he had dozens and they had total revenues of $40m a year. He then sold them for $100m to some rich Arabs. His coffee shops sell Starbucks-like products using locally grown coffee. Starbucks isn't interested in opening coffee shops in little Kenya. They just buy our raw coffee for crap prices. Local farmers have wisened up and are now roasting and selling their coffee locally.
Had a beer the other night with my Mexican neighbors here in Puebla🇲🇽. Amazing to see how they talked about Mexico. Plans to compete with the Panama canal, Maya train, innovation to turn sargasm into an energy source and new airports build and being build. I observe optimism and pride. I can’t remember ever having a conversation like this in the Netherlands where it’s either about how great it used to be or complaining about how much worse it will get.
How do they plan to compete with the Panama Canal ?
It's nice to see Mexico flourishing and people with pride when talking about their home country. Viva Mexico 🇲🇽✌️ cheers from 2 Canadians 🇨🇦 living in Mexico.✌️
@@beuman0Google is your friend. It pays to keep up with this sort of thing. I’ll help you out. Mexico's government plans to build the corridor as a faster alternative. It takes eight hours to cross the Panama Canal from coast to coast, but the Tehuantepec corridor is expected to reduce travel time to three hours. It will have capacity to transport passengers and up to 300,000t/d of cargo.
@@2GringosOnTheGulfHi mi amigos ❤
@@destinationmax hola 👋👋 Amiga ❤️🇲🇽✌️
The West is dying within, but as it goes down it will drag much with it. For example, restricting the flow of capital, taxation reach to those who try to flee.
Pro choice (pro killing unborn killing), LBGTQ, debts and unless war around the world helped contribute to the death of the western countries.
They are dying, and since they know they are dying, they are lashing out with wars and trying to drag the rest of world down with them
Thank you Andrew for addressing this issue!
Actually what most people think, that the main unit of the human society is the individual, turned out to be untrue!! The main unit of any human society is the family 👪, in the traditional sense,.. where three age groups are practically living together under ONE roof!!
1- Mother + Father
2- Grandfather + Grandmother
3- Children
In this way, the society will continue in balance!!
3
Thank you Andrew!!
I agree, time is running out
There is no where to run and no where to hide anymore. Once you realize this, you will know what to do.
What do you do?
The UK will still have a good number of working age brits because they keep raising the state retirement age :-) they basically want the peasants to work until they drop! And tax citizens that thought they had enough to retire early so they have to go back to work if they are dumb enough to stay instead of moving to a country that isn’t going to rip them off!
I'm emigrating from the UK in 2025 :)
Indeed,I am retiring early to thailand with at 47 with 500k in a few years.I am deciding rather i want to use a percentage of my retirement to pay cash for home in michigan.Sounds like a great move to own a home outright in your retirement years.
A young white female student at the university told me how bad it is to have children because auf climate change and how racist it is if these children are white.
I am father of three daughters. I want to live in a country where it’s ok to be a traditional family.
Go where you are treated best - financially and politically.
🇷🇺💯👍[Traditional]
She is clearly brainwashed. Sad.
Even if i believed you there is no way to go back to the 1800s
Cool story bro
@@raymundogonzalez6450they are destroying Russia with their Ukraine war
AI/Robotics will almost completely offset the aging issue by the time it starts to become an issue (2030+). Immigration will drop as a result of less demand for human labour (except high-skilled immigration in relevant areas). Developed countries will focus on localized production as labour costs become less of an issue. Less developed countries with resources have the potential to grow faster (if they play their cards right) as the factories to process their resources become more automated and require less local talent/education, allowing them to jump straight to high-value end-product production. Less developed countries without resources are probably F'ed, as their only asset, low-cost labour, is no longer in demand.
Excellent commentary I think you may be very accurate
The demand is also extremely political not just labor, they’re bringing a dependency class and voters. It won’t stop because of robots.
robotics will take another 2 decades to be developed and integrated to the extent that the drag of the elderly becomes negligible. by that point, it'll be too late. the demographic shifts encouraged thus far are basically permanent.
I would say 10-15 years to offset the aging workforce issue. That's more than fast enough for most countries. 15-30 years we will see an exponential expansion of global GDP.@@user-nm9qd6bo6h
@@billbill6576robotics (drones) can be used against illegal entries
Demographics write history
Another fire 🔥 episode by Nomad Capitalist. Economic global news
Thanks a lot!
looking around, much of the East also has major fertility problems: South Korea has a shockingly low fertility rate but, China has a double-problem. they have a low fertility rate (in a country where the 1-child law was in effect for decades, just 1 child became "normal" & continues even after that law was repealed) compounded by a major sex imbalance where families wanted their 1 child to be male, sex selective abortions were illegal but not uncommon. the result is "broken branches" - many men who will never find a wife in China. BIG social/political problem!
Russia has the other problem: many men sent to the Ukraine meat grinder or fleeing the country to avoid military service.
unlikely,@@c.edgerton they hate each other.
also,@@c.edgerton, many of the unattached Russian women are a generation older than the Chinese Broken Branches.
its like another iron curtain but this time you'll get freedom fleeing in the other direction
Working age doesn’t mean a thing if they don’t work
I think you might be referring more to developed countries’ “working age” people. Developing countries’ working age adults rarely hang around in the streets, malls, beaches or in their parents’ homes.
@@mjmf1430 you are having a laugh. The problem for working age young people in "developing countries" is there are no jobs and/or what jobs there are pay a pittance.
U.S Is on the way out but a lot have Star-Spangled Eyes and won't/refuse to see this.
🤣🤣
Also great advice, more eggs in more baskets, I cannot wait around for people to wake up, sadly this will never happen, however I can act in my own best interest and be prepared to leave a sinking ship.
You got that right and that why we fled Canada.
@@2GringosOnTheGulfwhere did you go ?
@@Southeastasiantraveler we are in Mérida Yucatán Mèxico but moving to Xalapa Veracruz Mexico soon friend.
Feel free to follow our journey we'd truly appreciate your support. ✌️😁
I expect there to be capital controls in the USA, UK and EU zones in the future.
This will be easier to control with CBDC.
So it will not be so easy to move to a different location in the future.
True, I expect also more controls in UK and less liberties. I hope that happens so Albion goes back in their liberties and start to lose global power. It is important that they receive more immigration for that in part.
@@bodysplendor UK could have done well if it had Brexited in real and not just name; i.e. a no deal with the EU and become more independent and self sufficient. Unfortunately the UK is economically and politically doomed but I would guess that most of the EU countries will be worse off. I am loving watching Germany de-industrialise itself with the sanctions it went along with.
So don’t wait until the future.
@@nomadcapitalist I moved my capital to Thailand and keep it 25% in Swiss Francs and 75% in Thai Baht Physical Gold. The good thing about Thai Baht Gold is that it is traded at US Dollar Gold price and there is very little spread between buy and sell price. I am not looking at a return on it; purely capital protection in these weird economic times.
exagerated
don't they ship bus loads of children migrants into USA at this exact moment?
Having the populations age and shrink is a good thing, just not something industrialists like to see. As populations age and die off, capital is released and opportunities to buy homes at affordable prices rise, also, skilled labour becomes more valuable. Immigration distorts a natural cycle that would otherwise offer a long term net benifit to a nation, and yet many nations try to avert this natural contraction through an Immigration industry to try to maintain the economic status quo. Pensions are always another justification for immigration, but growth in the tax base often obfuscates the lack of opportunity for those arriving as wealth is still tied up in the hands of the aging population they are being asked to support.
Very original and insightful thought. You should write your thoughts out, Sir.
Not sure what you are advocating given that there could develop a culture in which people from a young age invest in their future, retirement or other. Then they still get old and still hold all those assets.
In counterpoint to saying "no pensions" so those that have nothing to fall back on simply die. Freeing up no assets as they don't have any.
I see the makings of some powerful dystopian fiction based on this scenario and variations of it.
Maybe capital and residential homes are not released because it is inherited by a capitalist oligarchy that continues the relationship of expoitation against the mass of workers deprived of means of production.
Unfortunately, in the US, CRE investors like Blackstone/rock will soak up any available inventory of housing opened up by Boomers dying off. Supply will continue to be tight and prices will not come down, much.
@@TheyRiseBand the value in holding a huge supply of housing assets and other real estate will diminish when they are no longer productive with a shrinking population. Corporations are looking for returns on investment and they ditch the assets that return less or become liabilities over time. Labour will shift within the nation to districts that attend to imbalances of holdings giving rise to artificially high housing prices. This might be higher property taxes for corporate holders of residential property and then rent control to put the squeeze on them to release it.
Thank you so much for this content. I'm leaving New Zealand for Abu dhabi with the wife I. December God willing. Can't wait!
Best of luck!
Excellent video.
This is key for macro net-worth growth. You don't want to be tied to an "old" country, but AI will offset some of the productivity and they still have the experience.
Something to see for the future.
Ai will not fix shit. Ai only fixes the supply side but the issue isn’t supply it’s the demand side falling.
Who’s gonna buy the products the Ai makes? No one. Old people don’t buy much
the real competition is caring to deliver value to people, not replacing their job and ruining their life.
@@hackmedia7755no one is in debted to you to stay behind to look after you, apart from your family, but even those traditional values have been erased.
Western countries are run by gerontocracies, workable AI regulations will come too late to offset the losses. I mean the rest of big tech, crypto and social media still hasn't been properly addressed.
Japan had a choise.
1- immigration
2- automatization
It choose automatization.
Good video, and I completely agree as someone who works in international financial markets. Macroeconomics is driven by many factors, with demographics being one of the biggest. Another metric to consider is investments at the state level. Both Saudi Arabia and China have been investing heavily in Pakistan. While the country does face many challenges due to poor governance and corruption, there are bright spots. A potential leader like Imran Khan, who has a history of battling corruption and promoting industry and investment, offers hope. I put countries like Pakistan and Uzbekistan as potentially very good long-term investment opportunities. I do agree with Pakistan’s predominantly English speaking educated society that many FinTech startups are already taking advantage of.
Excellent!
The younger southern working age in Europe always migrated to north west Europe for better opportunities. So this is not a new phenomenon
loved your video. So informative and true
Thanks!
Bill Gates has already implemented a solution to this.
Everything Gates does is aimed at depopulation.
IF Whats COMING Over The BORDER IS ? GROWTH ? I Hate To See and Think WHAT DECLINE LOOKS LIKE. Country Has Been Going DOWN the Throne. Since 1913. Its More Noticeable at the Present.
Oh you’re talking about Mexicans but maybe you don’t know that the second largest immigrant group in the United States is Indians and they fly in !!
Ignorance is bliss. What’s coming over the border or not Mexicans.
It's called the kalergi plan
Exactly!
You talk about the United States not having as old a population a many of these Asian and European countries. But as you know, this is largely because of immigration, both legal and illegal, which does not take into account the low quality of those younger immigrants. We are importing millions of young, military age illegal immigrants with no skills. Unless you’ve got plenty of grunt and scut work for them to do, they will become a drain and a danger to our society as those jobs are increasingly done by machines.
where do high quality immigrants go?
@@ernstgoldman3634 american universities. then they emigrate back to their home country
@@keenanhomemovies6517 do they? Do you have data or it is just your opinion? Because empirically (in my 30+ years of corporate career which included hiring) I have observed the opposite. While majority of foreign students do end up going back (and only because of visa restrictions contrary to their preference to remain in USA), one can also state that very significant portion of new entrants into corporate jobs includes foreign born graduates. Statistics could be notoriously capricious for interpretations.
@@keenanhomemovies6517 Yes, because they give us the visa only for study. When that finishes, I have to leave and come back as a tourist for a limited amount of time. That happened to me.
All one should do is walk around the Microsoft corporate campus and neighborhood to see the change. But, of course, don't believe your lying eyes as the media and politicians keep telling us as they call us "racists" for calling this out. Banks and corporations see a country like India with well over a billion people with a young average age, current low household debts, as the next bunch of educated, compliant cattle to corral and load up with consumer goods, fiat debt, and Marxist indoctrination that will eventually break down their family structure, and culture. Be careful what you wish for and celebrate when you cheer the demise of the Western populace aka Europeans. Everything runs in cycles.
I would sure love to see what your best places to retire to would look like. You dive deeper into the economics and practicality of individual countries.
In the US it seems they want to milk seniors for health care and nursing homes. So no wealth left for our kids. I’m a new subscriber. I’m married in my 60s. We have three children in their 30s. Our main wealth is in our home. Probably something of a bubble in Nashville but we’ve lived in it 20 years. We both have pensions. We should be able to figure out something. Will explore other countries.
Leaving the country never occurred to me before. My husband’s parents migrated from the Philippines to the US 100 years ago. My parents left Oklahoma for California 70 years ago. We left California for Tennessee 25 years ago. It all worked out. We don’t have much to lose.
They talk about red states, but Nashville has its mind on becoming a 15 minute city. It’s overbuilt massively by Wall Street investors over the past 10 years. And the US federal government convicted Tennesseans of federal crimes for praying in front of abortion clinics. I’m tired of this closing in. Our kids will not buy homes here.
I’ll start researching. We researched Tennessee before we owned a home computer. Our government hates us. Why stay and be slaughtered or even slowly bankrupted? Twenty good years somewhere else is worth it. Thanks for your channel.
Unfortunately, Africa has a very long way to go, as they do not have a history of good governance and sound leadership paradigms. Ethiopia, for example, is the closest to come to North Korea for conducting business, and it is unlikely that the tribal conflicts will stop any time soon. Kenya has evolved to a nightmarish bureaucracy, marred by nightmarish corruption. Bureaucratic thinking pervades not only the public sector but even ordinary companies, it has become a kind of a modus vivendi: make things as complicated as possible, introduce the maximum possible number of unnecessary steps and problems everywhere... Rwanda is promising, but nobody knows what will happen after Kagame. I would hold myself to regions, where the people and their leaders have taken the one crucial decision that matters: "we shall develop".
Agreed with jayrober, leave Africa out of the discussion. The government instability 80% of the time is due to US or French government intervention from foreign policy, which is backed up with the threat of death for not towing the line. The last 3 years of 4 African leaders dying for refusal of corporate interests on its population proved that.
Each of my plane journeys to West Africa from Amsterdam had over the last 2 years 60%+ Europeans on board, and they were not just contractors either, families too. The places I went to are a very stable governments!
Africa will win in the end. Before colonialism they governed themselves across the majority of the continent.
@@spacesandplacesoutthere In the end maybe, if a change of attitude occurs in the meantime. For the moment, the attitude is to blame others, and to pull out the card of colonialism and racism against whoever utters critical thoughts - instead of benefitting from the criticism by addressing the issues...
@@gerassimos.fourlanos Change is inevitable. Every grown adult should know this. Which is precisely why the Western powers are trying everything they can to keep the pendulum from swinging back.
Unfortunately for the West, Unviersal Laws are undefeated. See history and the chronicles of time for reference. It's not a matter of if, but when.
@@gerassimos.fourlanosI'm an African and i agree with taking accountability. Outsiders only take advantage when we are already in shambles and divided.
Japan is the oldest country in history because they have:
1. A healthy diet (high in vegetables, seasonal fresh fruit, fish).
2. A cool climate (alkalizing to the body).
They live longer than people in countries with fatty, processed food diets and a warm climate.
social cohesion
You are just awesome ❤❤❤
Thanks!
My amazing Ukrainian girlfriend and I are looking into establishing roots in either Montenegro or Croatia. Time to leave the US! 😎
Rome is burning, again.
Extremely interesting discussion. Thank you very much. As I feel my organic carrots and apples and make a big batch of juice…
Thanks for watching!
Wow! Thank you…love your dry, subtle sense of humor…😂 and I meant ‘peel’, not ‘feel’ my organic carrots… lol. But I certainly felt them TOO! 😂
Very interesting
Be winner, be attractive and utilize land = more options means get to be more picky.
I would add that tech advancements both now and in the future will aid in the drastic rise of these economies. Something like not having to move to a “western country” to grow your business or career will be very impactful. They will be able to stay where they are treated best!
AWESOME video!
Thanks!
2 options 1- get taxed to the bone in the west 2- go make money out east
Fun Topic!
❤😜❤
Immigration won't solve their problem. If your population is high value add jobs, not many people will want to move into a giant old folks home with old people benrfits
Where theres more retirement aged people, you need more taxpayers. Living in an aged country can mean a tax increase
So get out
How do I get started with all of this? I just discovered your videos…I want to be an entrepreneur. What do I do to go international?
Thanks to ideology of that having only a child will make you live better than, having a regular o large family. And make women to believe that is better to work and have a career .
Thank you
You're welcome!
A major mitigating factor is immigration. For the moment, the West can absorb as many immigrants as it needs to. Look at New York London and Toronto. For the last 1-2 generations, the majority of their populations are first-generation immigrants. There's a housing shortage in all these places. That trend can go national to some extent. There are likely billions of people who would even in 2023 move to the US if given a chance. I'm not saying they're well advised, but they do exist. If and when living standards in the West drop too low to draw immigrants, their luck will be out.
Living standards would have to be catastrophically lower to be worse than where a lot of the migrants are coming from.
The major factor in housing shortages waa covid. A sizeable anount of landlords sold up creating chaos. It is like there were a 100 apples for 100 apple eaters, and 10 apples went missing, but 100 apple eaters still want an apple each.
Agreed. If you live in the USA, Canada, or Western Europe and you have the means you need to start looking at opportunities outside of these areas, not only for investment but for a possible alternative home. All of these areas are changing, and they are under the control of broke and increasingly desperate governments.
The major factor in housing shortages is lack of supply caused by government zoning and planning laws.
@@lawtutoringAn Independant report commission by the government suggested far more obstacles, but most will not like the findings.
I'm okay with this news!
Agreed
you won't be in a few decades when the true meaning of changing demographics shows itself to you
Thank you Andrew! Great video!
Glad you liked it!
@@nomadcapitalistPeople work with attitude in Pakistan because the purchase power of a salary of 1000 dollars is not the same in the US or in the EU. So yes, people in Pakistan will be very happy and motivated to work, but in the US and EU it´s peanuts. Nothing new here... **In Africa they are young but they also die young... You can become rich in Africa, but for other things like healthcare you need to be traveling to other countries. No security also and you need to have connections to the corrupt governments. Laws and the courts don´t work there. It´s the new old wild west.
UAE is starting up Palm Jebel Ali. Whenever I go to Dubai, I see young, energetic people who only care about making money. I've been to Tokyo, and, even though Tokyo has an exciting and exotic culture, and a money mad work ethic, I just didn't get the same feeling of hard work like I did in Dubai. Europe, I don't know, haven't left the transit airport since before The Plague years, since before 2019.
Youth in Europe wear diapers, unless they are from immigration.
What are your thoughts on netherlands?
Based
Old people are scared and their actions reflect this.
This article is missing the most important point. That a population is aging isn't the problem. It's how quickly it is aging that's creates disastrous effects.
Nope..its' about med abuse onto the backs of elderlis...😒🤨🥴🧐
lol
It ages one year calculated on a yearly basis.
Part of the reason it's growing is that people are living longer due to ongoing improvements in nutrition, food availability and health care.
A side effect is that the average 70 year old can do as well in the workforce as the average 60 year old of 30 years ago.
Given that, it would be reasonable to raise the age at which pensions come due. Not popular, but not wrong.
@@bodysplendor
🤣
Right!
Couldn't tell if this was Real or Satire
Don't forget the massive debt burdens that G7 countries are accumulating, and continue to accumulate.
What are your thoughts on what life will look like long-term in ageing nations? I'm not sure I want to raise a family in Canada. I'm interested in Japan, as real estate is cheap, and it's already developed, but I am concerned that in 30 years time my children could be expected to shoulder too heavy a load to look after the elderly population there.
lol get ready to be taxed to the bone - japanese work like donkeys to support the old farts, get over your anime obsession
The west is stagnating hard.
Developing countries are more willing to adopt to change and innovation because eastern countries are the oldest countries and yet have the youngest population of generations western countries want to hold onto traditional workforce and school setting models which worked and performed well in the early to late 1900’s what we all are witnessing is when times are simpler western countries thrived easily when times become more advanced and innovative western countries are unable to adopt to that this shows how strong eastern countries are when it comes to continuation of developing an economy
Are you using the term 'developing countries' and 'eastern countries' interchangeably? Are you saying that 'eastern countries' like China and Japan have the 'youngest population'? I assume your post has received upvotes on the basis that it appears to express anti-Western sentiment, which seems to be enough to get any post a flood of votes on this channel, irrespective of whether the post actually makes any sense or not.
@@paulietv2162 it’s plenty of eastern countries besides China and Japan unfortunately when most people think of eastern countries they think of the most established ones like China and Japan which are the very ones that I’m not talking about im only talking about the emerging market eastern developing countries in Asia and other eastern countries most certainly not China not Japan not Korea
@@jamalgreen3056 Right, so you are holding up places like Burma, Cambodia, Laos and Thailand as strong Eastern countries. I hold them up as examples of complete economic basket cases but I guess life's all about perceptions.
Power is concentrated at the top in the west. Most of the people at the top are old, and it took many of them a while to accumulate what they have, or spent their lives trying to hold onto what they inherited. Of course they're resistant to change - that would put them at a disadvantage.
@@reubenmorris487 Yes you're spot on - unlike the Central Committee of the Chinese Communist Party which is made up entirely of youngsters due to the strict rules in place which prevent octogenarian members of the Communist Party hogging all of the top positions until they go senile and die of old age 🤣🤣🤣 Are you people just in complete denial or what's the deal here? Have I stumbled into some kind of cult here?
It’s interesting thinking about this but Europe’s economic boom came about largely due to its massive boost in demographics. No one ever talks about this…
And cheap Russian energy
@@peanut0brain I am talking about the Industrial Revolution my friend
I don’t Africa population rise is sustainable. With the lack of resources already on the continent and the prevalence of malnutrition and you’re saying 2x or 3x the population by 2100? Absolutely not
This was great. Candid and honest..
Lol naw not at all
@@a2bmoving526 Your opinion.
What about Portugal??
Hi Andrew, Can a foreigner buy a thriving business from a ageing owner willing to sell his business? Is that a good deal, without moving to USA?
THIS ISNT EVEN OUR FINAL FORM.
The old system is falling 🌎 we are in the corridor to the future
Mexico & Mexicans. 👌❤️🥳😎
This will most likely never be realized. It’s biblical. Here’s the scoop. Back in the year @780 BC, 2 tribes in Israel, Judah, Leviticus, Benjamin…something like that, 2 tribes in Southern Israel remained.
10 Lost Tribes broke away, to the North, Samaria. They went into heavy idolatry, whereby The Lord divorced them and scattered them throughout the world, whereby they scattered from Northern Israel throughout the world.
These are called the Ten Lost Tribes. They also had received blessings, from Joseph, these 10 lost tribes, whereby they would be blessed throughout the Diaspora, it’s called, meaning they were not in their original lands, throughout Israel. They were scattered, bec of their idolatry, etc.
But, they still retained the blessings of Joseph…..Sorry, Jacob.
And these people became Western Europe and North America, as well. However, as eschatological end times, the very time of the end, prophetically approaches, these nations would come to a saturation point whereby, eschatological end times events and global alignments kick in and they start to be reduced in prominence as compared to all hundreds of years in prior times.
Eventually, these lost tribes will return to their original lands.
But, all of the blessings the whole world has experienced, spiritually, financially, etc., has been by this blessing of Jacob. It’s now changing as prophecy moves forward, so if you see a downward trend in western nations, it’s all prophecy playing out on God’s Timeline. 😀✅
Good link, Rick Renner on UA-cam, End Times Videos. He goes to the original Greek, V Important.
Based in Oklahoma and (Latvia) and Moscow!
what do you mean never be realized?
😂😂😂 utter bollocks for you to think white people have anything to do with biblical israel 😂😂😂
Yeah the Israelites are awakening.
Don't worry, that already has a solution, just look at the borders and very young people are arriving to populate those old territories.
You think that's going to correct the problem? The problem is leadership
Turning the west into failed multicultural states with ever decreasing productivity. 🙄
Leadership comes from all levels. Control your community's can help protect yourselves from federal mandates
can you talk about Uruguay
Doesn't that also mean those residing in Japan live longer so maybe a GREAT place to live for healthy longevity?
It doesn’t make sense to live in a country that feels and looks like a giant old folks home does it? Sure we can have robots and AI pets running around to do our errands but it’s certainly not fun without younger people and certainly wouldn’t be cheap living in such environment of high labour shortages, especially when older persons need more care and are highly labour intensive to look after, spots that no amount of AI can fill.
Only in the Blue Zone of Okinawa
did you mention India?
I'll be 74 in 2050 and my age goal is 120 years .i will get there or at least very close .
I feel as though the only thing that will save these countries that are facing these demographic changes is more immigration or a large increase in productivity. I think AI could help productivity, but it’s speculation at this point.
You are sure hitting the nails on the head ! Keep going ! But your forgetting about the birth & death rate around the World ! Compare both and make new video when you have time. Peace
What about the robots that are being developed to take over much of what the working age population does?
Working age? I am 75 and I still want to work. Can't get a job, age discrimination.
Mr.Henderson could make video about best places to grow wealth in 2023 if you earn about 100000$ a year so not yet nomad capitalist customer figures but love to get there as soon as possible ofcourse. Thank you for great content👍
I wish you would do some research on whats the best country outside of America for a Black American to get a passport in and start to spread out and do business
Seems like most people never cover The Philippines demographics which is a perfect triangle due to majority of Catholic faith and family principles and bad food giving the country one of the lowest lifespans.
Unlike the US where life expectancy is declining, Philippines' life expectancy has been consistently on the increase this decade.
geographically though it has issues. It will grow % wise as that human capital and other capital returns but cannot see it being anything beyond its region
That's an absolutely valid point, The West is Getting Old and Dying (I had to keep the caps intact in alignment with Andrew's editing team).
It is such a bona fide vindicable argument, that I had to travel to the west, the west of the west, and I came to the westest country I could find.. .. Japan!! To my surprise it wasn't Getting Old and Dying (again, the caps. Respect) Then I drifted towards the east, and lo! I found South America! not Old and not Dying! It's a different topic why I was introducing myself as 'Columbus' to the locals and called the local Colombians as "Indians" .. anyways, let me go back to my book "Nomad Capitalist" page.. now where did I keep my bookmark?
All good, but AI and robots will replace the humans. Like a robot will be so sophisticated and able to take care of grandma including changing diapers.
I agree with you on Europe not so much the US, the reason is the US is a leader in innovation and natural resources which makes it self sustaining this will always make it a rich country which will attract immigrants always- there are millions waiting in the immigration pool from India, china etc so I say the US is safe, I do agree with you though that the emerging market are a great place to be to get /build wealth tho
The only thing that is keeping the US together right now is it's reserve currency status and it's ability to borrow endless recycled dollars and printing to infinity which will eventually end.
@@papabear90 all the the big companies are in the US , most of the IP for new technology is in the US, most of research is done in the US so I would say there’s more to it than the dollar status
Europe's main problem is not having "big tech", e.g. with cloud control and has been Left behind Due to Countries like Germany sticking to hegemony over market share in 20th-century tech. But They have had good emerging markets, with UK is in the top 5(due to deregulation probably), and Switzerland and Denmark are in the top 10 leaders, globally in 21st Century Tech, In AI, cyber and Digitisation)
@@Rowlph8888 yeah big tech got huge margins so lots of cash and influence, the countries you mentioned are in the top but the first and second players eat 80% of the market so the fifth place get peanuts. Europe need to focus on healthcare innovation it looks like it got an edge there - fat loss medication etc
@@osamataha336What I don't understand is, "why" Europe cannot focus down and develop their own big tech as in cloud ccapital. After all, the US was the innovator of it, but China has developed it also apparently. Yanis Varufakis (His spelling is something like that) says that Europe is finished, because it doesn't have that specifically, but he's not indicating why "if" China developed it after the USA, why Europe cannot develop their own, if all countries focus down. I mean Europe pretty much pioneered most of the tech in the industriaal age in the 1st place, and they have a lot of potential for innovation
Africa wants it's own banking exchange. How do you foresee the IMF, WEC and Federal Reserve's response effecting this?
Turkey is dependent on energy from Russia.
Turkey is Muslim
Turkey has expanded manufacturing due to EU investment
Turkey has massive inflation
Ankara is due a massive earthquake as on a fault line.
Turkey is run by an Islamic dictator.
If countries managed their economies properly then they would not be so dependent on constantly increasing the population to get by. This is all by design.....
Exactly. The elite is corrupt.
This is why smart people should leave instead of continually feeding the corrupt system.
@@eat_ze_bugs smarter people would try and change the system, i guess that's above your intellectual paygrade
@@user-nm9qd6bo6h And the smartest people will try and manipulate the system. Only the naive thinks they can change it for the better. I don't expect you to understand my point, your intellectual pay grade is well below mine.
How can this be true when China is already older than USA and their population is declining
I get it. Canada is getting old.
Pay NO REGARD to this story. Artificial intelligence is going to more than make up the difference, which is why all the developed world governments are already talking about restricting it,
😃👍👏👏👏
The Philippines has a huge working age population as part of its demographics and it has to have a government agency dedicated to exporting surplus working age population. The Philippines economy relies on remittances from abroad to account for approaching ten percent of its GDP. China had the One Child Policy and now has a youth unemployment problem. The problem isn't a lack of working age people, the problems are much deeper and are in fact all to do with population growth. Lowball estimates put world population at twenty five percent higher by 2050. Everyone is trying to find answers to the wrong questions. In an advanced industrial economy only a small proportion of competent people are necessary... if they're not shackled to a huge population of dependents. Japan will be fine if it can hold the line, as will China. Old people can't live forever. Italy is already done and England is not far behind because the places the migrants are coming from are third world for a reason, there is no magic dirt. The bottom line is poor people can only destroy wealth, they can't create it, and now so-called civilization has reached the stage where poor people are more reproductively successful than the productive people the only way from here is down. This isn't about race, intelligence has been declining in the Western world for decades even without migration from third world countries.
Increase the pension age .
Lots af room for people to work up to 75 at least. And there is a lot of room for people to work younger.
An awful lot of youth is wasted right now and a lot of laziness in the West.
22 minutes long?! Nice to see CapiTEAlist back :)
But with all of automatization, AI and machines taking a lot of jobs, does ageing population pose a problem? As less working age people would be needed to keep up a sharply increased productivity per one working person
robots can’t replace demand .. also robots need maintenance and they don’t make themselves
So what?Whats happening in the west now will happening later everywhere!Africa is the last place that will maybe growh its populatiin for the next 50 years and India maybe for the next 25years!
USA,Australia, New Zealand, Scandinavia, France and UK don't have the demographic probleems of 1st world Asia and other European countries..When the fallout happens, as long as they are still doing something like they are now, at that time, countries from those countries will move to these countries probably, at least in certain numbers, with the intention of sending money home to struggling families, a bit liike many in developing countries do with all 1st world countries now
@@Rowlph8888
In Scandinavia, France and the UK, it is primarily Muslim and African migrants who keep birth rates high.
The birth rates of the native ("white") people declined sharply
You think your life is harder than some african has? They have children and are hopeful. You have it too nice, and you dont even know it. It is all about attitude!
Make babies, now! It isnt easy, but it is worth it. Yes we can!
Meanwhile Africa will have half the worlds youth population by 2050. An educated generation at that 💪🏾 Africa will rise.
Hopefully, so they stop flooding into Europe and being a drain on our welfare systems
I have nothing against any African nation..I wish them well, but I'll believe it when I see it.
LOL.
Such cope.
It won't, it will sink more.and more into poverty.... low IQ
Go woke get ded