The Spanish Population Is Disappearing @visualeconomiken

VisualEconomik EN
14 Jul 202413:55

Summary

TLDRSpain is experiencing a severe demographic crisis with the lowest fertility rate in Europe at 1.16 children per woman, leading to a rapid population decline. Cultural shifts towards leisure and youth consumption, along with economic challenges like high housing costs, contribute to this trend. An aging population and political systems favoring the elderly exacerbate the issue, potentially leading to economic and social instability. The video explores the implications of this demographic winter and questions the effectiveness of immigration as a solution.

Takeaways

  • πŸ‡ͺπŸ‡Έ Spain has the lowest fertility rate in Europe at 1.16 children per woman, which is insufficient for population replacement.
  • πŸ“‰ If current trends continue, Spain's population could decrease from 42 million to 1.3 million within five generations, highlighting a severe demographic crisis.
  • 🌐 The demographic issue is not unique to Spain but is particularly acute due to cultural and economic factors.
  • πŸ™οΈ Urbanization and modern leisure patterns are discouraging young people from having children, as city living is prioritized over rural life.
  • πŸ’” The rise of singleness and fluid relationships has led to a significant increase in the number of single people of childbearing age, impacting birth rates.
  • πŸ‘Ά People are delaying parenthood, with more first-time mothers being in their late 30s than in their late 20s, which can lead to fertility challenges.
  • πŸ§“ The aging population and the electoral system's bias towards rural areas, where the elderly are overrepresented, are influencing political priorities.
  • πŸ’° Economic factors, including high taxes and housing costs, are significant barriers for young people considering having children.
  • 🏠 Housing affordability is a significant issue, with younger people struggling to own homes compared to older generations who benefit from property investments.
  • πŸ‘΄ The elderly are receiving more public aid, including pensions and subsidized services, at the expense of support for young families.
  • 🌑️ The potential economic consequences of an aging population include increased public debt, higher healthcare costs, and a strain on public services.

Q & A

  • What is the current fertility rate of Spain and what does it imply for the population?

    -The fertility rate of Spain is 1.16 children per woman, which is the lowest in Europe. This implies that for every couple, only one child is born on average, leading to a significant reduction in the native population over time, potentially halving within one generation.

  • How does the modern economy's focus on leisure and youth consumption impact Spain's birth rates?

    -The modern economy's emphasis on leisure and youth consumption, such as going to spas, boutique hotels, trendy restaurants, escape rooms, and techno festivals, is not compatible with raising children at home. This lifestyle preference, along with the desire to live in urban areas like Barcelona and Madrid, contributes to the low birth rates in Spain.

  • What cultural factors are contributing to the increase in singleness and fluid relationships among people of childbearing age in Spain?

    -Factors contributing to the increase in singleness and fluid relationships include less social pressure to marry, increased geographical mobility, the rise of social media reducing face-to-face encounters, and a desire for more people to enjoy their youth with sporadic intimate encounters.

  • Why are more people in Spain delaying parenthood to later ages?

    -People in Spain are delaying parenthood to take advantage of their youth and start a family later. The cultural shift has led to a situation where hospitals register more first-time mothers at the age of 38 than at 27, marking an unprecedented demographic anomaly.

  • What are the potential health-related consequences for women who delay childbirth until their mid-30s?

    -For women who delay childbirth until their mid-30s, there are several health-related consequences, including a natural drop in birth rates, increased risk of miscarriages, birth defects, early menopause, and difficulty in fertilization.

  • How does the current demographic situation in Spain affect the political landscape?

    -The demographic situation affects the political landscape as the majority of voters are now older, and the electoral system over-represents rural areas where the elderly live. This leads politicians to focus on short-term gains and policies that benefit the elderly rather than long-term solutions for younger generations.

  • What economic consequences does an aging population have on Spain's public accounts and social security system?

    -An aging population leads to a skyrocketing social security deficit, as there are fewer workers to support a larger elderly population. This results in increased government debt and a strain on public finances, potentially leading to higher taxes and reduced public services.

  • How does the demographic decline impact the infrastructure and public services in Spain?

    -Demographic decline can lead to difficulties in maintaining basic public services such as universities, hospitals, and transportation in regions with a dwindling population. This may result in reduced quality and availability of these services, as well as the potential closure of institutions that cannot operate efficiently with fewer people.

  • What is the 'empty Spain' problem and how does it relate to the country's demographic challenges?

    -The 'empty Spain' problem refers to the depopulation of rural areas due to the demographic decline. This can lead to a lack of essential services, businesses closing due to a lack of replacements, and a plummeting housing market in these regions.

  • What are the potential implications of immigration on Spain's demographic and economic situation?

    -Immigration could potentially alleviate the demographic decline by introducing a younger population. However, it is not a guaranteed solution, as immigrants often have a low income profile and may also adopt the local birth patterns, thus only delaying, not stopping, the demographic winter.

  • Why are politicians seemingly ignoring the demographic crisis despite its potential economic and social consequences?

    -The exact reasons for politicians ignoring the demographic crisis are not clear, but it may be due to the issue not being as easily marketable as other concerns like climate change, or because the full consequences may not be immediately apparent, leading to a lack of urgency in addressing the problem.

Outlines

00:00

🌐 Spain's Looming Demographic Crisis

Spain is facing a significant demographic crisis due to its low fertility rate of 1.16 children per woman, the lowest in Europe. This rate suggests that the native population will halve within a generation, leading to a drastic population reduction over time. Cultural shifts towards leisure and youth consumption, along with the rise of singleness and fluid relationships, contribute to this decline. Urbanization and high housing prices in cities further discourage childbearing. The script also notes the trend of delaying parenthood, with more women having their first child at an older age, which can lead to fertility issues and involuntary childlessness. The societal and economic implications of this demographic shift are profound, affecting everything from politics to the economy.

05:02

πŸ—³οΈ Political and Economic Implications of Spain's Aging Population

The script discusses the political ramifications of Spain's aging population, where the elderly have become the most influential voting group. The electoral system disproportionately represents rural areas, which are predominantly inhabited by older people. This has led to policies favoring the elderly, such as increased pensions and subsidized services, at the expense of family-friendly policies and public aid for children. The economic consequences are severe, with a growing social security deficit, increased healthcare costs for an aging population, and a potential tax burden on the younger generation. The script also touches on the potential for depopulation in rural areas, leading to the closure of essential services and businesses, and the impact on housing prices and property values.

10:06

🌍 Global Concerns Over Demographic Decline and Possible Solutions

The final paragraph of the script broadens the discussion to a global scale, highlighting that 97% of countries are experiencing fertility rates that cannot sustain their populations. It raises concerns about the potential collapse of economies without a working-age population to drive production. The script also explores the contentious issue of immigration as a potential solution to demographic decline, noting that immigrants often assimilate to the local birth patterns and may not significantly alleviate the problem. It concludes by posing questions to the audience about potential solutions and the severity of the demographic winter, emphasizing the urgency and complexity of the issue.

Mindmap

Keywords

πŸ’‘Fertility Rate

Fertility rate refers to the average number of children born per woman. In the context of the video, Spain's fertility rate of 1.16 is the lowest among European countries, indicating that each couple on average has only one child, which is a significant factor contributing to the demographic crisis.

πŸ’‘Demographic Crisis

A demographic crisis is a significant imbalance in population structure, often due to low birth rates, high death rates, or migration. The video discusses how Spain is facing such a crisis, with its population potentially halving within one generation due to the low fertility rate.

πŸ’‘Cultural Shift

Cultural shift denotes changes in societal values, behaviors, and norms. The video attributes part of Spain's demographic problem to a cultural shift towards leisure and youth consumption, which is less compatible with raising children, affecting where people choose to live and their decisions about family planning.

πŸ’‘Urbanization

Urbanization is the process of migration from rural to urban areas. The script mentions how young people are drawn to cities like Barcelona and Madrid for the recreational economy, leading to a depopulation of rural areas and contributing to the housing crisis and difficulty in raising children.

πŸ’‘Singleness and Fluid Relationships

Singleness and fluid relationships refer to the trend of individuals choosing to remain single or engage in non-traditional romantic relationships. The video cites a rise in single individuals of childbearing age and the impact of social media and geographical mobility on this trend, which may delay or reduce the desire to have children.

πŸ’‘Maternal Age

Maternal age is the age of a woman when she gives birth. The video points out that the average age of first-time mothers has increased significantly, which can lead to health complications and a lower likelihood of having multiple children, exacerbating the low birth rate.

πŸ’‘Economic Factors

Economic factors are elements that influence financial decisions and behaviors. The script highlights how economic pressures, including high taxes and housing costs, contribute to the decision to delay or forgo having children, affecting the birth rate.

πŸ’‘Political Consequences

Political consequences are the outcomes in the political sphere resulting from certain conditions or events. The video discusses how the aging population and low birth rate can lead to a political landscape skewed towards catering to the elderly, who are more likely to vote, impacting long-term policies and investments.

πŸ’‘Public Accounts

Public accounts refer to the financial records of a government's revenues and expenditures. The script warns of the economic strain on public accounts due to the aging population and the increasing social security deficit, which may lead to higher taxes and potential bankruptcy of public finances.

πŸ’‘Infrastructure

Infrastructure encompasses the basic physical and organizational structures needed for a society to function, such as roads, schools, and hospitals. The video suggests that an aging population could lead to the depopulation of certain areas, making it difficult to maintain essential infrastructure and services.

πŸ’‘Immigration

Immigration is the movement of people to a new country or region to live. The script explores the idea of immigration as a potential solution to the demographic crisis, but also points out the complexities and the fact that immigrants may eventually adopt the low birth rates of the host country.

Highlights

Spain's fertility rate of 1.16 children per woman is the lowest in Europe, indicating a significant demographic crisis.

The native population of Spain is projected to be halved within one generation due to low birth rates.

Cultural shifts towards leisure and youth consumption are incompatible with child-rearing, contributing to the low birth rate.

Urbanization trends are causing housing prices in cities to rise while rural areas see a decline, impacting family formation.

Over 60% of people of childbearing age in Spain are single, with reasons ranging from social pressure to social media.

Delaying parenthood is common in Spain, with more first-time mothers at 38 than 27, reflecting a societal shift.

Postponing childbirth can lead to health and fertility issues, reducing the number of children born per family.

Spain's political system may become more dangerous as the majority of voters are now older, influencing policy.

The electoral system over-represents rural areas, which are predominantly elderly, impacting policy decisions.

Spain's retirees are living better, with the lowest poverty rate and increased purchasing power, while young people struggle.

Public aid for children and families in Spain is among the lowest in Europe, contributing to the low birth rate.

Economic factors and work-life balance are significant reasons for young women not having children in Spain.

Aging populations will lead to increased healthcare and social security costs, potentially leading to public finance bankruptcy.

Infrastructure challenges due to depopulation could result in the closure of universities and hospitals in rural areas.

Depopulation could lead to the abandonment of rural areas and a loss of property value for many.

Immigration is not a guaranteed solution to demographic issues, as it may not significantly alter birth rates.

Global demographic trends indicate a potential collapse in GDP and production due to population decline.

Politicians may be overlooking the demographic crisis, which could have severe long-term consequences.

Transcripts

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Spain's population is disappearing among

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all European countries the Hispanic

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fertility rate of 1.16 children per

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woman is the lowest of all this means

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that for every couple only one baby will

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be born in other words the native

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population of Spain will be reduced by

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half within one generation with only one

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child for every two parents and so on if

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the trend continues in just five

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generations the number of Spaniards will

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go from 42 million to 1.3 the entire

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population of Spain would fit on an

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island like tenor Reef which by the way

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explains news like this Spain is facing

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a major demographic crisis and we are

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not aware of its seriousness of course

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the demographic problem is not unique to

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Spain it's something that is happening

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all over the world but in Spain the

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problem is severe the reason much of it

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is cultural modern economies are

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focusing on Leisure and youth

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consumption going to a spa in a boutique

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hotel to a new trendy restaurant of the

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week to an escape room to a techno

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Festival the new Leisure pattern are not

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compatible with taking care of children

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at home and there is no more proof of

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this than seeing where people decide to

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live because Have You Heard lots of

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young people saying that their dream is

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to go live in the mountain surrounded by

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cows well no they all want to go to

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Barcelona Madrid big cities where they

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can better exploit the new recreational

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economy this explains why housing prices

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in urban regions are skyrocketing while

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in rural parts of the country they are

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plummeting this in turn makes it even

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more difficult to raise children another

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reason that could explain the phenomenon

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is is the culture of singleness and

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fluid relationships the rate of people

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of childbearing age who are single has

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skyrocketed to over 60% since 2008 there

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are many reasons from less social

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pressure to get married and start a

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family to more common geographical

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Mobility to fewer face-to-face

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encounters due to the rise of social

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media to Simply more people wanting to

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enjoy their 20s with more sporadic

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intimate encounters however this doesn't

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mean that young people don't want to be

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parents the feeling of family still

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exists

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what happens is that those who want to

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be parents delay the age at which they

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have their first children by a lot you

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could say that they want to take

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advantage of their youth and start a

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family later in the past it was normal

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to be a firsttime mother at 20 to 25

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years of age but now hospitals register

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more new mothers at 38 than 27 this is

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an unprecedented anomaly and Spain leads

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in the ranking of countries with the

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most 39-year-old women having children

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and yes I know what you're thinking is

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it really a problem to delay the age of

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Parenthood I mean if people want to have

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kids they can have them at 25 or 40 but

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at the end of the day they will have

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them right not necessarily because after

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the age of 35 women's birth rates drop

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naturally unwanted miscarriages birth

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defects early menopause difficulty in

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fertilization many women who reach their

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mid-30s wanting to have two or three

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children end up having only one or none

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because their bodies have reached their

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natural limit to give you an idea almost

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20% of women who have not had children

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at the age of 35 have not done so

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because they didn't want to but because

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they have had problems related to their

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health and fertility in other words they

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run out of time delaying pregnancy is

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equivalent to involuntarily decreasing

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the birth rate in view of this the

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question is why is Spain the European

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country where the fewest children are

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born and therefore where the problem is

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most widespread what are the economic

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and political consequences of

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demographic collapse are their Solutions

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today on visual economic we tell you all

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about it

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[Music]

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the problem of no children being born in

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Spain is not only a problem because the

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population may disappear but also

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because politics will become very

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dangerous until 2016 it was normal for

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the majority of Voters to be young

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people in order to win votes politicians

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had to govern with a long-term Vision

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promoting opportunities for new

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generations and investing in

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familyfriendly policies however since

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then things have changed now the most

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important group of Voters are the old

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group and the Spanish electoral system

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is designed to over represent rural

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areas which is precisely where the

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elderly live and why is that the reason

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is that each province no matter how few

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people live in them elects a minimum

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number of representatives in the

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elections that is to say the less

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densely populated a territory is the

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more deputies it will elect in relation

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to its inhabitants for example Madrid

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only elects one Deputy for every 180,000

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voters while in Teru one of the least

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densely populated provinces one Deputy

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is elected for every 40,000 voters this

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means that the vote of a person in ter

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Ru carries four times as much weight as

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that of a person from Madrid and let me

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ask you what kind of person do you think

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lives in Teru indeed older people and

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over time the difference will become

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much more pronounced more and more young

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people will live in the cities and older

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people in areas like Teru as if this

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were not enough since small rural areas

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will elect two or three deputies only

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the parties with the most votes will be

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elected that is to say in Madrid 37

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deputies are elected there is room for

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dozens of parties however in rural areas

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where only two or three representatives

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are elected those deputies will belong

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to the parties with the most votes the

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other options small parties that could

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represent the young minority in rural

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areas would be left out the result the

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elderly not only provide and will

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continue to provide more votes but their

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votes have and will have a much greater

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influence for this reason politicians

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don't need to worry about the longterm

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for example if the country goes

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massively into debt that debt will be

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paid by the younger generation but the

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elderly will not suffer the consequences

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and that explains what we are seeing in

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Spain from an electoral point of view it

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is much more beneficial for Pedro

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Sanchez to pay high pensions and win

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votes from retirees besides saying that

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you're helping the elderly always sounds

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like a great political speech and pay

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attention this is not speculation this

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is really

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happening retires are living better and

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better they are the population group

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with the lowest poverty rate they are

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the only group group that has increased

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their purchasing power between 2008 and

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2022 and with the housing market it's a

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very similar story at least eight out of

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10 people over 65 own a home so they do

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not pay a mortgage or rent nor will they

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have children to support meanwhile only

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three out of 10 people under the age of

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35 own a home what's more the cost of

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housing is now almost double what it was

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40 years ago in other words back in the

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day today's retirees paid a lot less for

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their homes while young people right now

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are drowning in expensive rents rental

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properties whose landlords by the way

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are often retirees who are renting

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second homes in other words retirees are

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the only group living better and better

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despite not working and receiving their

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income via taxes levied on young people

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and the question that many of you may be

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asking is what does this have to do with

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fertility this is a graph showing the

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amount of Public Aid to Children and

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Families in Europe Spain is the country

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that helps parents the least financially

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it contributes even less than Greece the

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money is no longer dedicated to

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supporting families to have children

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it's dedicated to raising pensions to

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financing free public transportation for

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retirees and even for subsidizing

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vacations and no I am not

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exaggerating Spanish pensioners receive

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Aid that many can only dream of millions

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of senior citizens both Spaniards and

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foreigners living in Spain are eligible

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for subsidized travel costing as little

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as

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€15 for short breaks and €

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455 for longer vacations in Spain there

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is no money for young people with

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children children but there is money for

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subsidized trips for pensioners what do

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you expect we've already told you that

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young people do not give votes now

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knowing this let me ask you another

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question can Spain really expect its

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young people to have children if it

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leaves them without money it seems quite

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complicated and it's true that a large

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part of the reason for fewer children

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being born is cultural change but let's

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not fool ourselves the economy continues

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to play an important role nearly 35% of

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young women up to the age of 35 who have

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not had children say the reason was

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economic or work life balance and at the

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end of the day it makes sense with taxes

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and housing prices higher than ever

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being a mother is equivalent to falling

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on the edge of poverty or directly into

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it proof of this is that child poverty

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risk rates in Spain are among the

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highest in Europe and this only feeds

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back into the social trend of young

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people not wanting children in other

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words we're talking about a vicious

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circle Society is aging because children

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are not being born politicians stop

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spending money to promote the birth rate

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because Young people do not provide

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votes and this only causes the

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population demographic to be even more

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aged the result Spain is the country

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with the lowest birth rate in Europe be

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that as it may and apart from politics

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and taxes what consequences could aging

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have on the Spanish economy well there

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are quite a few but let's look at them

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in

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order the first economic problem of

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Aging will be the Public Accounts the

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Social Security deficit is skyrocketing

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which means that the pension system has

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run out of steam so social contributions

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do not contribute enough money to the

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system to pay all the pensioners and the

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government is already going into debt

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and using money that should be going to

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education or roads to sustain the system

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the worst is yet to come when the Baby

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Boomers reach retirement age a small

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base of workers will have to support all

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their Elders on top of that an aging

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population will mean higher health care

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and care costs practically 80% of a

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person's healthc care costs over the

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course of his or her lifetime are

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incurred in old age age so with an aging

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population these costs will Skyrocket

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the outcome a brutal tax burden that

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further impoverishes young people

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infernal Hospital waiting lists and in

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the worst case scenario the bankruptcy

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of public

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finances apart from the accounts another

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problem will be infrastructure many

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provinces will find it difficult to

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provide basic public services such as

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universities or hospitals which require

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certain minimum population size is to

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operate with reasonable efficiency for

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example in the province of Lyon in 2020

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2,278 people were born and let's imagine

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that 60% of them will be ready for

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University in 2038 this tells us that

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the University of leyon will have

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1,367 incoming students in 2038 or in

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other words it will be almost impossible

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to keep a quality University open at a

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reasonable cost for so few people well

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the same will happen with trains with

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with fiber optic cables with hospitals

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so let me ask you are you familiar with

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the problem of the empty Spain well pay

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attention because the demographic drop

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will cause the first regions to

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depopulate to be the rural ones we

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talked about a point where in many

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places there will not even be enough

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residents for there to be a doctor a

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teacher or an electrician among them

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companies will also have no young people

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to hire many functional businesses will

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close for lack of Replacements and the

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price of housing in depopulated

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provinces will plummet in other words

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since nobody will want to live in them

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they will end up abandoned or if they

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are lucky enough to avoid that it could

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mean a massive loss of patrimony for

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their owners lifetime savings will go

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down the

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drain another problem that many allude

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to is that of the great replacement that

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is the fear that immigrant populations

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will eventually replace the locals which

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in turn could lead to Fresh political

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problems an example of this is the

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possibility that the Muslim population

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with strong religious convictions could

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push for political parties that would

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sooner or later pass legislation based

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on Islamic law however others argue that

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immigration would be positive that it

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would alleviate the problem of Public

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Accounts and could be the way to avoid

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demographic collapse the question is who

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is right neither one side nor the other

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in the first place immigrants are no

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guarantee of saving the Public Accounts

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the reason is that immigrants to Spain

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normally have a low income profile that

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is they don't contribute much to taxes

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but they will also have to receive a

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pension and public public Healthcare in

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the future in Denmark they have

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calculated this in detail and indeed

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bringing in immigrants costs them dearly

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besides that immigrants and particularly

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second generation immigrants tend to

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assimilate the birth patterns of the

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local population or to put it another

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way that immigration in the best case

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scenario would only delay the

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demographic winter not stop it and it's

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unlikely that there would be a great

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replacement because they would also

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collapse demographically you don't

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believe me you don't have to all

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countries that is all cultures are

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facing at greater or lesser speed the

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same problem fertility rates will see

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dramatic decline with 97% of countries

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unable to sustain populations everyone

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is alarmed about global warming but at

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the rate we're going with our population

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GDP is likely to collapse sooner or

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later without young people working there

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is no production and without production

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the economy also collapses and without

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production emissions also plummet we

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could reach a point where there aren't

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even enough people to run the ships that

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link the world's port s yet for some

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reason politicians are ignoring this

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problem what is the reason we certainly

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don't know maybe it's not as easy to

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Market as climate change but we are in

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an unprecedented historical time never

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before has the population been so large

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we have never gone through a period of

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sustained population loss and no matter

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how much we speculate we may not see the

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real consequences until it's too late

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the question is are we in time to avoid

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it well in a future video we'll talk

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about possible solutions until then the

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questions are over to you what would you

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do to avoid the demographic winter is it

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an issue that worries you what do you

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think will be its worst consequence you

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can leave us your answers down in the

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comments if you like this video give us

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a like subscribe so you don't miss any

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of the upcoming ones and we'll see you

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in the next one all the best see you

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soon

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Related Tags
Demographic CrisisSpainFertility RateCultural ShiftEconomic ImpactYouth TrendsAging PopulationHousing MarketSocial SecurityImmigration Debate