The decline in birthrate is also catastrophic for the “infinite growth theory” adhered to by the “line go up” crowd. I fear that unless drastic things are done to compensate, it will lead to outcomes that translate to terrible living conditions and compounding population decline.

I think the rich and the policy makers have this fantasy that if things get bad enough, it will trigger increased procreation, but just the opposite, actually.

I guess they’ll learn whether they can eat money.