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NW IL | I knew the US birth rate was down but didn't realize it was down globally.
From a British paper. https://www.yahoo.com/news/world-population-fall-first-time-06000000...
"Women are required to have 2.1 children each on average to maintain population growth, known as the “total fertility rate”, and as of 2021 it stood at 2.23 worldwide.
But experts say it is on a persistently downward trend, having fallen from 4.84 in 1950, and researchers predict it will decrease to 1.83 in 2050 and 1.59 by 2100.
It means that in 2050, 155 of 204 countries will have birth rates lower than required to sustain the population size."
Beyond food requirements, labor, and health care, I wonder what declining population does to inflation? Inheritance from aunts and uncles who never had kids getting funneled into fewer and fewer people. But I guess looking at Japan it happens slow enough that inflation isn't the issue... | |
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