(cont'd from yesterday's post)
Falling birth rates in countries all over the world is well-established information that I've been posting for you since 2013. Elon Musk and Jack Ma have both talked about it.
Virtually all countries in the West have birth rates which are below replacement rate, and have been so for many years. A steady population requires an average of 2.1 babies per woman. Germany's rate of 1.6 births/woman is typical in the European Union. It's been said that 1.5 is the point of no return.
Unless this changes drastically and soon, society itself will change. There will be fewer children and then fewer young adults in the prime of life. There will be fewer working adults to support a larger number of retired folks who are no longer financially productive.
Global population will keep climbing for a while, though, because of African and Middle Eastern countries. Many of them still experience birth rates/woman of 3-6 babies.
from AEI
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