finance
U.S. Birth Rate Falls 30 Percent Since Pre-2008 Levels
@KobeissiLetter reported the U.S. birth rate has declined 30 percent from pre-2008 levels while financial wealth reached record highs. The post linked the drop to widening gaps between asset owners and non-owners after the 2008 and 2020 downturns.
May 25, 10:08 AM·1m read1 source
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U.S. birth rate is now 30 percent below pre-2008 levels while financial wealth sits at record highs. The post said the divergence widened after the 2008 financial crisis and again after the 2020 downturn. It added that each recession and subsequent round of stimulus further increased the gap.
According to the post, only asset owners can currently afford the economy. It described the result as a widening split between the S&P 500 index and the birth rate. The post said many young Americans cannot afford to have children under these conditions.
The post characterized the trend as a massive demographic crisis for the United States.
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