Whereas previous economic shocks such as the oil crisis of 1973 caused a temporary dip in fertility, the 2007-2008 banking meltdown was different because birth rates continued to decline even after the economy started growing again, says to Daniele Vignoli, professor of demography at the University of Florence in Italy. He believes the turbulence a decade and a half ago marks the point at which people’s uncertainty about the future began to take hold.
Yeah, even if inflation stays steady at 2.5 percent, the value of your money halves in the span of 25 years. Wages are locked in harder than my phone to my WiFi when I leave the house and politicians be like: “Why won’t people procreate anymore?” If any if them had an experience outside the 10% of which they are part, they’d be signing a UBI law over night
