Depopulation and Monetization…Like Peas & Carrots
In contemporary, post world war II times, the process of depopulation is the declining number of births pitted against significantly longer life spans of the existing population. Given this, depopulation starts from the declining quantity of young and slowly works its way up the population. So, as depopulation is taking place, it is tracked by declining births, and eventually by declining 0 to 64yr/old populations vs. still expanding 65+yr/old populations. Outright depopulation only takes over once the declines among the under 65yr/olds outweigh the ongoing growth among the 65+yr/olds.
In 2011, there was one state plus Puerto Rico that experienced outright depopulation. However, by 2018, that number has increased to 9 states (Alaska, Connecticut, Hawaii, Illinois, Louisiana, Mississippi, New York, West Virginia, Wyoming),plus Puerto Rico that are outright shrinking (chart below).
In 2018, an additional 16 states (Maine, New Jersey, Pennsylvania, Ohio, Michigan, Indiana, New Hampshire, Rhode Island, Vermont, Connecticut, Kentucky, New Mexico, Kansas, Missouri, Wisconsin, Alabama) are now experiencing the precursor to outright depopulation; declining 0 to 64yr/old populations versus ongoing growth among the 65+yr/old population. Simply put, half the states plus Puerto Rico are experiencing either outright or the early onset version of depopulation (under 65yr/old depopulation).
Speaking of Puerto Rico, the flood to the exits appears to be on. The chart below shows the annual net population declines that began in 2005 & hit warp speed in 2018. Since 2005, the Puerto Rican population has fallen about 16%!!!
But the chart below shows the change in population among different segments of the Puerto Rican population. While the 65+yr/old population continues to stay put and grow (+3%), the ramping exodus and collapse among all segments of the under 65yr/old population is of epic proportion.
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