Several European leaders have no children.

Thursday, January 10, 2019 Francisco Carneiro 0 Comments

From: Dr Ed's Blog

Human Self-Extinction

I observe that fertility rates have dropped below replacement rates around the world as a result of urbanization. Only in India and Africa are couples having enough babies to replace themselves. Humans are on a demographic path of self-extinction.

Leading the way has been Japan. I have often described the country as the world’s largest nursing home. That distinction undoubtedly will soon belong to China. All around the world, nursing homes will be bulging with more occupants, while the maternity wards will have lots of vacant cribs.

The economic consequences of these demographic trends will be slower growth and subdued inflation, if not outright deflation. That means that interest rates most likely will remain historically low for a very long time.



http://blog.yardeni.com/2019/01/on-demographic-path-to-human-self.html

 From: Irish Times

Theresa May (British prime minister), Emmanuel Macron (president of France) and Angela Merkel (chancellor of Germany). World leaders, and child-free. Add in our own Leo Varadkar, Scotland’s Nicola Sturgeon and the Netherlands’ Mark Rutte and the link is an EU leadership powered by heads of governments that are not parents.



To have kids is a ruin this is the result! There is zero state incentive to have children and since education lasts until 25 years or even more the cost is out of the charts. This diploma race has a downside, people stop having many children because they can't afford. Only in underdeveloped countries people still have children, they are not yet in the Diploma race.

In Europe the cost of education can go up to EUR 250,000 per kid, since taxes are 50% you need to make 500,000 gross.

This is the same as a small apartment or the cost of all the cars that you will have in your life! No wonder that there are not many kids

Someone wrote this , I agree

the cost of having children is prohibitive (childcare costs, lack/ insufficient protected leave) for so many who would very much like to, and cruelly, can only afford to when it is too late 



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