However, in countries like Finland with a population of about 5.5M people, the expectation is that there needs to be 200-300 thousand additional workers brought into the country to satisfy labor needs. That is an increase of foreign labor by over 5%, which is in effect doubling the amount of non-Finnish (like me) workers in the country. And since they will be brought in to fill jobs that Finns can't or won't do, it will mean that they hold skills that Finns don't have or don't want to use. It doesn't mean that there is full employment already.
@tarazkp !
I first found out why many foreigners like you live in Finland!😦 I was surprised to find foreigners like you in Finland, which has a population of 5 million!
However, people in the world where I live generally tend to assume that Europe's economy will decline and the economy will be smaller than East Asia's.
I remembered that Finland was poor around the 19th century. Perhaps Europe will retreat to 19th-century levels of economy, I speculated.
On the other hand, China is now facing a new crisis because food and resources are scarce compared to population growth.
So, I guess there will be a great famine in China.
When a great famine strikes, a new crisis will come as tens of millions of Chinese will go abroad!
I suspect that Asia is going to have issues as well, as there seems to be a trend of aging population in the region and, it isn't as easy to get immigrants in to do the work.
Dear my comrade @tarazkp!
Perhaps the rate of aging in China is lower than in Europe.
There are currently 600 million slaves in China.
China will create a new economy through slaves.
The world I live in is already overflowing with Chinese immigrants.
They rule the world I live in.
The world I live in is now an economic colony of China.
The East Asian world is seeing a resurgence of Chinese-style slavery.
I am already a slave to debt!😔