This should come as no surprise to...
Readers of http://www.wattenblog.blogspot.com/
should not be surprised at this development.
The Birth Dearth (my coinage) is proceeding at flank speed --- all over the world --- including deepest darkest Africa .
Nation do indeed --- go out of business.
The rapid plunge in birth and fertilty rates all over the world is perhaps the most significant trend of our time.
Among other things, it creates a huge shortfall in pension plans --- which happens when a Baby Boom is followed by a Birth Dearth.
The U.S. is best positioned to benefit from this trend is the U.S.
Our birth rate is fairly high --- but still below "Replacement Value."
We are helped --- enormously --- by immigration.
But --- even so --- we do business all over the world --- where the bottom may fall out.