Imagine if in the best scenario Japan is going to stop borrowing. Reducing the population will drive debt ratio up. Good luck to the next generation, say thank you to your grandparents who borrowed from you.
>It's only for rich, for families who can comfortably live on one salary.
or collectivist societies. We completely forgotten the old adage: "it takes a village to raise a kid". 3rd world countries still increase in population because everyone chips in to care for everyone's kids, not simply staying within their own house raising their own kid by themselves.
>The other thing is time: people who want many kids want to spend time with them, not at work. But without work they cannot afford kids. Catch-22.
This is definitely another piece of the puzzle, one within the levers of government. Shorter work weeks for the same or more pay would alleviate this issue. But that's something the elite will fight tooth and nail to prevent.
In 3rd world countries having children is also a retirement plan because government does not guarantee much for elderly. Not sure if developed countries want to go there though.
I don't think that's a useful comparison. Supersonic military planes have been common for decades. We don't have supersonic passenger planes because the FAA has banned supersonic flight over land since 1973, though the agency is planning on replacing it with a noise standard. Also the original supersonic passenger aircraft were government-sponsored tech demos, not financially sustainable products. With updated laws & modern technology (cameras instead of tilting noses, more efficient engines without afterburners, lighter materials), we could have viable supersonic passenger flight.
People are hating it untill goes abroad to the countries where no such regulations exists.
Like in Switzerland it's okay to charge double for the car insurance simply because you carry "unlucky" citizenship.
Or EU law about mandatory 14-day return policy for internet order. Ordered recently something in Switzerland and turns out it was a special sale where standard rules does not apply and items could not be returned.
Or mandatory USB-C charge socket. God bless EU regulations!
You're right that the EU has much stricter baseline consumer protections than Switzerland, but none of the examples you gave are actually part of the GDPR. Insurance pricing rules come from EU equal treatment directives, the 14-day online return window is the EU Consumer Rights Directive, and the USB-C mandate is the Common Charger Directive (which Switzerland actually adopted into law in 2024 anyway).
The GDPR is strictly about data privacy, and it deserves defense on its real merits: it made data collection illegal by default without an explicit legal basis, banned deceptive tracking patterns, and introduced turnover-based fines large enough that tech companies actually had to re-engineer their systems around privacy by design. EU consumer protection directives are great, but it's worth crediting the right ones.
If you are traveling and need to rent a car in the airport - sometimes it is not possible to do without credit card. Otherwise you don't need a credit card.
Using a credit card makes it way, way easier to rent a car or book a hotel room, or do other transactions that require a significant preauth.
If you present a debit card to one of those desks, they may encourage you to swap for a credit card. Because a debit preauth ties up actual funds in your account. A credit preauth costs nothing but part of your credit limit. It really is a difference if you expect to spend money on vacation.
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