We should view 2030 as the point when South Korea begins its downfall.
Machine translated
1. The semiconductor boom will be over
2. By then, China will have overtaken us in most industries
3. Baby boomers will have retired, leading to massive spending on pensions and healthcare
4. Various types of public debt and taxes will increase
5. The pool of conscripted personnel for national defense will plummet
This is the point where the consequences of living easy until now will start to manifest.
I believe we will end up looking exactly like France right now.
The news has been singing the same song about low birth rates and an aging population,
but the real impact hasn't even begun yet.
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