On 2021-03-28, The Natural Philosopher  wrote:

> Ultimately what the 'housing crisis' boils down to is too many people
> with too high aspirations for the avaialable land area and
> infrastructure. Birth rates are falling but that has simple encouraged
> people to permit massive 3rd world immigration that carries with a  it a
> high birth rate, so as to keep population levels up and the engine of
> consumerism running.

People who follow this philosophy have a lot in common with UFOlogists.
The flying saucer people believe we will be saved by aliens from another
planet, while immigration advocates believe we will be saved by aliens
from another country.  Either way, it avoids having to solve our
problems ourselves.

> Remember that modern post war economics is built on a Ponzi scheme of
> public debt. Today's pensions are paid by te contributions of today's
> workers, which works as long as there are ore workers earning that
> pensioners.
>
> If the number of workers and the whole population falls, you end up with
> a massive geriatric problem - how to finance a non working population of
> retired people.

Thus we depend on an ever-increasing population, which is a Ponzi scheme
itself.

> In the end its a compound problem of too many people for the country
> to support but an inability to square the economic circle without a
> permanently rising population.

We'd better find a way to transition to a steady-state economy.
I'm not holding my breath, though - too many powerful people
are benefiting too much from the status quo.

--
/~\  Charlie Gibbs                  |  They don't understand Microsoft
\ /        |  has stolen their car and parked
 X   I'm really at ac.dekanfrus     |  a taxi in their driveway.
/ \  if you read it the right way.  |    -- Mayayana

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