Dear Future Centenarian,
Can super longevity solve, rather than create a population
problem?
Consider these points edited from a paper presented several
weeks ago by Herb Meyer at the World Economic Forum in Davos, Switzerland.
Mr. Meyer is widely credited with being the first senior U.S. Government
official to forecast the Soviet Union's
collapse, for which he later was awarded the U.S. National Intelligence
Distinguished Service Medal, the intelligence community's highest honor.
Formerly an associate editor of FORTUNE, he is also the author of several
books.
Some of His Conclusions
Maintaining a steady population requires a birth rate of
2.1. In Western Europe, the birth rate
currently stands at 1.5, or 30 percent below replacement. In 30 years
there will be 70 to 80 million fewer Europeans than there are today.
The current birth rate in Germany
is 1.3. Italy and Spain are even
lower at 1.2. At that rate, the working age population declines by 30 percent
in 20 years, which has a huge impact on the economy. When you don't have young
workers to replace the older ones, you have to import them.
In Japan,
the birthrate is 1.3. As a result, Japan will lose up to 60 million
people over the next 30 years. Because Japan
has a very different society than Europe, they
refuse to import workers. Instead, they are just shutting down. Japan has already closed 2,000 schools, and is closing them down at the rate
of 300 per year. Japan
is also aging very rapidly. By 2020, one out of every five Japanese will be at
least 70 years old.
The birth rate in Russia
is so low that by 2050 their population will be smaller than that of Yemen.
Nobody has any idea about how to run an economy with those
demographics. Europe and Japan, which comprise two of the
world's major economic engines, aren't merely in recession, they're shutting
down. This will have a huge impact on the world economy, and it is
already beginning to happen.
When the birth rate drops below replacement, the population
ages. With fewer working people to support more retired people, it puts a
crushing tax burden on the smaller group of working age people. As a result,
young people delay marriage and having a family. Once this trend starts, the
downward spiral only gets worse.
These countries have abandoned all the traditions they formerly
held in regard to having families and raising children. The U.S. birth rate
is 2.0, just below replacement. We have an increase in population because of
immigration. When broken down by ethnicity, the Anglo birth rate is 1.6 (same
as France)
while the Hispanic birth rate is 2.7.
In the U.S.,
the baby boomers are starting to retire in massive
numbers. This will push the elder dependency ratio from 19 to 38 over the next
10 to 15 years. This is not as bad as Europe,
but still represents the same kind of trend.
The world's most effective birth control device is
money. As society creates a middle class and women move into the
workforce, birth rates drop. Having large families is incompatible with middle
class living. The quickest way to drop the birth rate is through rapid economic
development.
Pretty sobering, isn’t it? So what’s the solution? Longevity…
and lots of it. Keep the elderly alive, healthy and productive. Keep
them out of retirement, hospitals and nursing homes where they drain resources,
and have them contribute to the economy when they are at the peak of their productive
capacity.
David A. Kekich
Maximum
Life Foundation
714-960-6333/Fax
714-464-4135
kekich@maxlife.org
www.MaxLife.org
"Where
Biotech, Infotech and Nanotech
Meet to Reverse Aging by 2029"