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Population & economic collapse: Nas Daily breaks down reasons behind Singapore’s S$70K baby bonus

In a viral video, Nuseir Yassin explained the incentives to build up SG's population, saying population collapse is economic collapse This article ( Population & economic collapse: Nas Daily breaks down reasons behind Singapore’s S$70K baby bonus ) first appeared on The Independent Singapore News .

Population & economic collapse: Nas Daily breaks down reasons behind Singapore’s S$70K baby bonus

Singapore's Prime Minister Lawrence Wong announced a S$70,000 baby bonus in his National Day Rally speech on August 23, aiming to boost the country's birth rate. Nas Daily vlogger Nuseir Yassin explained the significance of this move, expressing concern over the historic low birth rate of 0.87, where each woman has an average of 0.87 children.

This alarming statistic leads to a worrying population and economic collapse, as the second generation is projected to be 81% smaller than the current one. Nas emphasized that babies are the future economy, and without them, there would be no workforce or taxpayers. The vlogger also highlighted the dire situation in other developed countries, such as South Korea, China, Japan, Italy, Spain, Germany, and the United States, where birth rates range from 0.8 to 1.6.

He concluded by urging everyone to have babies for the sake of humanity, but warned that the challenges faced by young families today, including climate breakdown, AI, cybersecurity, wars, and sociopathic leaders, make raising children a daunting prospect.

Written by urgent.news from The Independent Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at theindependent.sg →

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