Looks like many economies around the world are going to be suffering major downfalls around 2030. The demographic pyramid is completely fucked up in many countries, with locals not having kids because basically millennial cannot afford to live on their own due low wages and high cost of living. In Europe it's all over the place. What grinds my gears is economists saying immigration is the solution and they will pay our retirement funds. This is insanity.
Anyway, do you have a portfolio that makes you comfortable about the future? we are definitely on our own so be sure to have some passive source of income for the future. Hopefully Bitcoin saves our ass and by 2030 we don't have to worry about money anymore.
You are right about this.I refuse to have kids,because of the high prices and low wages.Getting a job is harder than before and the cost of living always goes up.However,I'm glad I paid off my student debt and I don't have any mortgage or debt.I will hope that bitcoin will hit 50-90K USD around 2030 and I will keep my bitcoins untill then.
I would like to have kids myself, but im also forced to not take that life changing decision because it's simply impossible to do it. The costs of living would go through the roof. It's difficult sustaining myself, imagine I also had to take care of a family. If I was reckless I would do it, but if you want to be able to save money and form a capital it's just not feasible.
And what's even more infuriating is that since we aren't having kids, the government blames us for not having kids and screwing up the demographic pyramid, and their proposed solution is to bring immigrants. We are basically being replaced by cheap hand labour.