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Billionaire Boss Encourages His Workers to Have Kids w/ $75K Bonus

#birthrate#koreangenetics#southkoreans#korea#babies
the transcript auto-captions · entered into evidence

0:00 as soon as you uh said the story I was like how do I learn how to speak Korean how do I figure out to move to Korea how do I get a job but then you can't find anyone to have sex with you he's like I learned Korean and no one will [Music] me there's a billionaire boss in South Korea uh who has a construction giant company and he's encouraging his workers to have children by giving them a $75,000 bonus oh that is that's incredible $75,000 to have children children are expensive it's just like unheard of that someone's incentivizing you to have children at a workplace like usually they're like they're like you better not that's weird where where is this enough K but then do the kids have to work for the company from birth or or

0:50 it has to be his kids here maybe he's just really just trying to fix the population it's 100% that yeah it's the employee has a b uh if $775,000 each time employee has a baby to help reverse the country's declining birth rate but why does he have to pay for it not the government that's crazy it's even backdating payments to those who started a family before the policy came into place wow he's about it that's that's thinking that's cool it was if the current state of low birth rates persists we will face a national existential crisis such as Workforce Decline and a lack of Defense Manpower necessary for National Security that is a big picture dude hey hey there's something in the fine print bro don't trust you got to work you got to use my CU yeah I think Korea's faster than Japan in declining yeah both are for sure right now that's why he's paying

1:40 his own money but I think the difference is uh South Korea's population's way smaller so like I think like a huge number like a third of just Korean genetics is overseas so America Canada Australia Europe there's way like there's a ton of Korean people that are spread among the the world then like um you would assume like in just Korea alone if you're just talking South Koreans right cuz North Koreans they' be popping out babies and ████ yeah yeah but then Japan has the same issue but they're like 100 million people Anthony got quiet CIA I think CIA is like 20 mil or something uh yeah I think Korea is like 20 to 40 mil sure um do a Google search what you got man

2:31 as well as awarding a total of 7 billion Korean W AKA $5.25 million to employees who collectively had 70 babies since 2021 the construction Giants drastic measures include potentially footing the bill for larger families rent as well wow that's really cool does if land is yeah that is big picture yeah if land is provided by the government for employees with three or more children we'll let them choose between a childb birth incentive equivalent for three newborns or a public housing like rental home with no tenant tax Bur or maintenance responsibilities that's so sick and he's an 84y old billionaire so like I think taking things in consideration one let's say you're ████ billionaire but you're also 84 you're about to die what else are you to do with your money like you might as well do something that like this is like amazing for your country and then two it's incredible to even back dat payment for 70 babies

3:22 since 2021 that's $5.25 million maybe it's a drop in the bucket for him yeah for sure for him that's patriotic what he's doing dude let's salute this man what's his name this guy's name is Lee Jun oh close close you were you were like one off I knew it dude founder and chairman of Bo Young group all right look at this all right okay they got 49 million Koreans in South Korea they got 25 million North Koreans wow but outside of Korea they got 7 million so that's a huge percentage that's even outside of Korea us it's 2 million almost three China it's 2 million and Japan it's 800,000 so all that like it's like um in general I

4:12 think the population of South Korea is maybe the same as California yeah but you can't really you're talking about just south Koreans in the world right well uh so 49 million is South Koreans in South Korea yeah um 7.3 million would just be Korean genetics world but all those other Korean genetics they're they're exposed to not necessarily continuing a pure Korean blood life oh like they might made marry black white whatever yeah yeah no it's not a matter of wrong but when you're talking about wrong are you comp also when they're talking about the things like uh National Security and needing people for the Defense Force and stuff then that's like a totally different thing too because those other Koreans they're not they're done yeah they ain't coming back they're out of there some of them do they people than North Korea I thought

5:02 North Korea had more it said the the there was 25 million North Koreans and then there's 49 million South Koreans but all the North Koreans are happy they might be and and they're all um they're all serving as military that's true that means that's 25 million military members that's crazy they have the largest military cuz the whole country is the military but the whole military is hungry true so they're like maybe 10 million people cuz if you split them in half and they could probably only do five P pull-ups collectively collectively probably only only one out of 30 could do one pull-up maybe Special Forces will shoot you on roller blad they're so tired those so tired man South Korea's government has already subsidized housing for newlyweds discounted postpartum care for new

5:52 mothers and even introduced a baby payment of 2250 $2,250 for each new one baby payment sounds dope but that's still not enough a country currently has the world's lowest fertility rate with the number of babies expected per South Korean woman dropping to 0.78 why why do you think um so sad I haven't researched enough into why people are not having like is are they saying it's too expensive it's like I'm I'm guessing there's a lot of different things like yeah they're just gay for sure they're all just gay for sure though like a lot of it will come down to like I know somebody like Dr Phil would probably talk about how a lot of it even comes down to like depression and anxiety from like social media and stuff like that like the way the world changed through like smart form smartphones and how like kids stopped like living their own lives and they

6:42 started like watching other people live their lives so they start stopped getting into relationships stop having sex stop thinking about their careers in a certain way so it just changed the mentality of like people in general right they gen Z is like the like the generation that's like least dating from all but the funny thing is like how come it doesn't change so much in like lowincome communities cuz they be popping babies out still cuz they don't think about the future dog and they don't think about sadness they're just too busy ████ all day so maybe that's the key too many people are getting rich no yeah we got too much income going around I also think booming High birth rate booming economies like there's hella money to go around so then it's also you could pop hella babies out you know everyone's got a job maybe we're too educated well yeah cuz look look at us we want to go we

7:32 want to make more want to go to school longer all that stuff people get married later like you have one or two kids you don't have like 20 kids but I also don't know what's inside like I can't identify purely with like what is in the brain of a dude that's like 17 and just like straight raw dog and and inseminating women I don't think he has a brain that's what I'm saying he's just coming cuz it feels good and he's stupid yeah but then why is that that's Invincible to the economy it's like an interesting thing well there's also like for example it's like nothing will stop me yeah cuz you're always going to have that guy though maybe when you when you do have either uh options opportunity money or whatever even education and you learn about like different cultures and different things about the world and then you see how you can go enjoy and become somebody else versus like if somebody feels like they have no options

8:23 to even like leave their City maybe things like having a kid is just the next step you know what I'm saying think it's funny if Korea finds those dudes to interview and like what's your secret and he's like I don't know I just do it man I watched this um thing on um they're like interviewing uh Japanese youth about relationships and marriage and ████ and then cuz they're they're they have a birth rate problem too and I don't know if Korea has the same answers from their youth but it sounds like the traditional roles haven't changed there like it has in the west to evolve with the the workforce and everything and for them they're like the women say I don't want to ████ be like my mom and just be like tied to the house and like not only do I have to now work where my mom was a housewife I don't I have to ████ work and be a housewife and do

9:14 all the house ████ and I don't have a life so and then the guy is like well I don't want to ████ give up my paycheck and take care of these people like and so people are like I just want to ████ and have fun and be young and have Independence but I don't want all these extra responsibilities and take care of people and that's what seems to be the majority of the cases where people are like yeah I'm dating but I'm not I'm not marrying yeah what can we do like this guy to get birth find Jesus that's a really good uh incentive like I think a lot of people see family and and I think they see kids as a burden that's what it seems like I think what this guy's trying to do especially at at a job is Family Planning and then and that's different producing that kind of birth rate versus the 17-year-old who has five babies

10:04 mamas and they're all different you know and then those do are quality humans that could potentially lead to even a worse Society because there's more and more broken homes statistically we know what happens to broken home so it's a little bit different where I think this one they're trying to create more new high quality birth rate that's that's interesting cuz if you think about it it's like yeah this is really good big picture thinking and and beneficial to society but it's also on the other side very beneficial to his companies because everyone wants to work there now right in longterm it's like having a good dental plan like people want that job yeah like if you're working on a rival construction company and you're going to have a kid anyways you're like oh so it's almost the most genius level of head hunting that you can do you don't even need a recruit her now as soon as you uh said the story I was like how do I learn how to speak Korean how do I figure out to move to Korea how do I get a job but then you can't find anyone to

10:54 have sex with you yeah he's like I learned Korean and no one will ████ me learned all the other skills but to like date somebody 75,000 in South Korea us is a lot that's a ████ ton especially if it's like a one time check God damn anywhere it is a lot but I think the money stretches further out there cuz uh the cost of goods is cheaper than here but better get that now so you still buy a Bitcoin that's true they all just buy Bitcoin all their kids are ████ starving but when they grab yeah they're going to raise good families the dip you know what's funny is that movie Idiocracy is like just becoming it's happening I'm like what the ████ but it's true like all these smart

11:45 people that should have kids they're like not having kids or having one that's funny nobody wants to talk about high quality birth rate por good though [Music] dude [Music] n

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