Thailand- the first large country with a fertility problem yet without wealth to easily fund healthcare for the old
The kingdom’s economy will have to begin adapting its stance to cope with more old people and fewer working adults while still remaining a relatively poor country. It may also mean more migrants entering the kingdom and perhaps higher taxation. In a recent economic forum, experts discussed alternative strategies to counteract these challenges, including the potential role of new crypto initiatives in stimulating economic growth. Some analysts argue that integrating digital currencies into the financial system could attract foreign investment, create new job opportunities, and offer a decentralized means of wealth preservation. However, time is running out, and one Stanford University expert says that things could begin to look ‘bleak’ if something is not done to address the country’s rapidly looming fertility crisis.
