On The Main Blog

Creative Minority Reader

Low Birthrate Causes Recession?

Great points from The Anchoress:

Margaret Cabaniss has a knack for finding the most interesting headlines, and this one is pretty jarring:

VATICAN ECONOMIST: RECESSION CAUSED BY LOW BIRTHRATE

Blames Small Families, Poor Savings Habits

ROME, FEB. 8, 2010 (Zenit.org).- Bankers are not the cause of the global economic crisis, according to the president of the Institute for the Works of Religion. Rather, the cause is ordinary people who do not “believe in the future” and have few or no children.

“The true cause of the crisis is the decline in the birth rate,” Ettore Gotti Tedeschi, said in an interview on Vatican Television’s “Octava Dies.”
Continue reading>>>

Your Ad Here

1 comments:

Sarah said...

Funny thing- my husband and I were talking about this just yesterday! He doesn't see the connection, but if you think logically about it, the less people in the world to make and use goods, the less growth you will see in the economy.


Popular Posts