Thursday, May 8, 2014

The World's Birth Rate is Steadily Declining

Except for those almost imperceptible bumps in 2007 and 2008.   Lehman Brothers filed for Chapter 11 bankruptcy protection on September 15, 2008, nipping this uptick in the bud.


Fear of economic blow as births drop around world. (Oshkosh Northwestern, 5/7/2014)

From my calculation, the world is still welcoming about 358,000 babies a day.  The financial crisis that followed the collapse of U.S. investment bank Lehman Brothers in 2008 did more than wipe out billions in wealth and millions of jobs. It also sent birth rates tumbling around the world as couples found themselves too short of money or too fearful about their finances to have children. Six years later, birth rates haven’t bounced back.

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