Monday, July 5, 2010

It's happening already

If you haven't read my earlier post about Fred Pearson, (Update and Two Great Books) you should and you should read his book that I mentioned. He firmly believes that the earth will not see a population of 8 Billion people and perhaps not 7 Billion. Given our past 50 year of growth, that is an amazing statement.

In today's Investor's Business Daily, was a lengthy article about China, labor strikes and their possible affects upon business. One of the statements included was this:

"Public efforts to curb the birth rate have been so successful that the proportion of working-age persons in the general population is expected to be halved by 2030."

Given a population of 1.3 billion and assuming that 2/3 are of working-age (about 1 Billion), that means that 500 Million workers will be available in 2030 to support their families and most importantly, their country.

What are the implications of this transition, both for China and for the rest of the world where similar reductions in populations will occur??

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