Modern capitalist economies this is the economy's grated after the industrial Revolution in 1769

Are build upon industrialisation which enabled people's to move from a rent space economy

Into an economy that could create value for the first time it's why the English being the world's first industrial nation

Could pay Europe in subsidies to fight the French from 1793 to 1815

Ask for are modern economies is built upon consumption and that their is enough young people to care for the elderly

Enough elderly to have capital to invest their cash which helps build companies

And then enough in between to have children and be high skilled

Most industrial Nations have birth rates below 2.1% and as we understand the economy there's not enough people

To keep economic systems as we know it viable

What we will be experience in over the next two decades is the death of the boomer generation bombed between 1946 and 1964

With them gone the world's largest generation will be dead and leaving massive gaps in the workforce

For most nations in the global North they won't be enough people to keep the system running