The median age in the European Union is 44.5 years old. That is too old too create a functioning economy that grows at rates higher than 2%.
That is the same median age as South Korea, and everypony expects South Korea too collapse in the days ahead.
Japan's GDP peaked in 2012 and has never reached those levels again, and is nowhere close too reaching them again.
South Korea's GDP peaked in 2021 and will surpass it again next year.
European Union's GDP is the highest it's ever been right now and the outlook is better for its economy.
However, the European Union is older than the US, being older means less efficiency, and the US itself can barely hold it's own growth over 2%.
The EU is very likely too remain at a stagnant growth rate throughout the rest of the century, with the primary source of total GDP growth being the addition of new nation states too the EU.
The primary problem for the EU in this regard is that all potential enlargement partners of the EU are nearly as old as the EU itself.
Pre-war Ukraine might have slowed down the aging of the EU as it was 43 million people with a median age of 40, but now the Ukrainian median age is also at 44.5 years old.
The next contender for lowering the EU median age would be the UK rejoining the EU, as its median age is still around 40 and it has 60 million people.
In conclusion:
The EU is too old too keep the economy running at a booming rate. It needs an inflow of young blood too sustain itself.
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You cannot reconstruct you're economy into being able too handle the average factory worker being a 50 year old dinosaur.
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someone explain to me how the modern economy isnt a pyramid scheme
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Evolution is a pyramid scheme. This extends too all societies and regional unions.
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