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The Dramatic Decline of Immigration: Western Societies in Freefall!
Last year, net immigration in Britain plummeted by an astonishing 50%. Shocking, isn’t it? In just the last quarter of 2024, a mere 60,000 people made their way to Canada, a stark contrast to the jaw-dropping 420,000 who fled mid-2023. Meanwhile, in the United States, net immigration has effectively ground to a halt, resulting in an annualized flow of only 600,000. That’s a massive deviation from the four million migrants just a year earlier! New Zealand even reported an astounding 80% drop in immigration by March 2023!
If you look closely, the same alarming trend is emerging worldwide. After an unprecedented surge in 2022-2023, emigration towards wealthy countries is now plummeting into collapse.
“New policies are tightening the immigration noose, and the ramifications are more extensive than ever.”
What Does This Mean for Our Future?
The impact on Western economies is looming like a dark cloud overhead. A portion of this decline was expected due to the post-pandemic recovery and the collapse of labor shortages that once plagued our economies. Let’s be clear: the humanitarian crisis in Ukraine is still a pressing issue, but it’s no longer an acute emergency.
However, we must highlight the role of NEW POLICIES. The Trump administration’s rigorous immigration measures have tightened border control significantly, making it almost impossible for migrants to enter. Where once throngs of people crossed into the US, now, nobody dares to attempt the journey! Under Trump’s leadership, visa requirements for foreigners have been ramped up dramatically, and the number of deportation flights is soaring—25% higher than last year, according to independent researcher Thomas Cartwright. The immigration enforcement agency has ramped up its raids, effectively deterring potential migrants.
A Continental Surge in Deportations
But it’s not just America; the deportation spree extends across the European Union as well! In the last quarter of last year alone, EU governments expelled a staggering 30,000 citizens from third countries—an alarming 30% increase from the year before. In Hungary alone, deportations have tripled, and Ireland’s numbers skyrocketed from just 80 in late 2023 to 465 recently!
As political tides shift, countries like Great Britain are strengthening their immigration policies. Efforts to impose stricter language requirements and limits on immigrants are already underway, with new Prime Minister Mark Carney hinting at a total cap on incoming migrants.
“Politicians touting benefits of reduced immigration now face the harsh realities of their promises.”
Economic Impact: A Double-Edged Sword?
Many critics argue that high immigration is responsible for the decline in living standards. This argument holds weight when it comes to wages and housing costs—immigration can indeed drive them down. But with a current drop in immigration, many speculate that living standards should start rising. But hold on, that’s not the case just yet!
Data shows that global salary growth is stalling across advanced economies. Unemployment rates are barely improving. In Canada, for example, the jobless rate has creepingly surged by two percentage points since its recent low, one of the most dismal results among wealthy nations. This clearly indicates that the narrative of immigrants stealing jobs needs serious reevaluation—it’s quite possible that their departure now threatens the jobs of native workers!
Inflation Crisis in Real Estate: Is it Correlated?
The real estate market is also worrisome. Despite a worldwide spike in housing prices between 2022 and 2024, we see no immediate relief in rental prices. Home rental inflation remains unyielding at 5% year-on-year in affluent nations. Even where immigration has plunged, like in the United States and Great Britain, housing costs are swiftly continuing their upwards trajectory, proving that other factors play a much greater role in this housing crisis.
“It’s a hard truth: while immigration may fuel some real estate inflation, it’s just one piece of a much bigger puzzle.”
So, could the benefits of significantly reduced immigration show up late? Perhaps. But let’s not ignore the *real* costs of reduced immigration – we are sacrificing labor that fills jobs many natives snub, jobs that keep construction booming and homes being built! Having promised tough border policies while also raising living standards, Western leaders are now grappling with the reality of unmet expectations.
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