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Would you care to expand on that?
Sure, though I hope you don't mind me giving the cliff note version.
Demographic dividend is spent. (The rate of dependency falls after the introduction of modernity (together with legalised contraception) because of lower birth rates. It later rises again as the population ages a few decades after the drop in birthrates)
Related, precisely because the society on average is old and seems incapable of embracing any kind of new ideas or a change in what its stated ideals and values are. Not only are young people few but they extremely conformist outsid