{"id":41451,"date":"2018-12-08T10:46:21","date_gmt":"2018-12-08T15:46:21","guid":{"rendered":"https:\/\/olduvai.ca\/?p=41451"},"modified":"2018-12-08T10:46:21","modified_gmt":"2018-12-08T15:46:21","slug":"why-were-ungovernable-part-17-in-latin-america-soaring-population-soaring-debt-brutal-justice","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=41451","title":{"rendered":"Why We\u2019re Ungovernable, Part 17: In Latin America, Soaring Population + Soaring Debt = \u201cBrutal Justice\u201d"},"content":{"rendered":"
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Why We\u2019re Ungovernable, Part 17: In Latin America, Soaring Population + Soaring Debt = \u201cBrutal Justice\u201d<\/a><\/h3>\n<\/header>\n
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There are two ways of looking at the intersection of debt and population. One way says that if debt is rising population should also rise to allow future workers to pay for the retirement of today\u2019s. More people thus make debt easier to manage.<\/p>\n

The other point of view is that debt and population soaring simultaneously creates a negative feedback loop that eventually destroys a culture.<\/p>\n

Today\u2019s Latin America appears to validate the second thesis. Debt and population are both soaring, and big parts of the culture seem to be collapsing.<\/p>\n

The following chart shows Latin America\u2019s population more than tripling since 1950:<\/p>\n

\"\"<\/p>\n

The next chart shows the government debt of Brazil, Latin America\u2019s largest economy, spiking since the end of the Great Recession:<\/p>\n

Brazilian Government Debt % of GDP<\/strong>
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