The video ignores the other side of the economic cost: the number of workers needed to support raising a child.
It costs more to raise a child than to care for elderly. Without child care costs there is a surplus to care for elderly.
Claiming South Korea is doomed because right now population growth is .8x is as ridiculous as those claiming South Korea was doomed in 1950 because at 6x population growth, everyone would starve in 50 years. Populations grow and contract to match their environment.
When the population has decreased to sustainable levels, individuals will have the free resources to raise children again.
https://youtu.be/Ufmu1WD2TSk
The video ignores the other side of the economic cost: the number of workers needed to support raising a child.
It costs more to raise a child than to care for elderly. Without child care costs there is a surplus to care for elderly.
Claiming South Korea is doomed because right now population growth is .8x is as ridiculous as those claiming South Korea was doomed in 1950 because at 6x population growth, everyone would starve in 50 years. Populations grow and contract to match their environment.
When the population has decreased to sustainable levels, individuals will have the free resources to raise children again.