Analysis: The fertility crisis is here and it will permanently alter the economy | CNN Business
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The world isn’t having enough babies and that demographic shock will reshape the largest economies in the next decade.
  • AutoTL;DRBEnglish
    2•6 months ago

    This is the best summary I could come up with:

    “A reduction in the share of workers can lead to labor shortages, which may raise the bargaining power of employees and lift wages — all of which is ultimately inflationary,” Simona Paravani-Mellinghoff, managing director at BlackRock, wrote in an analysis last year.

    By 2100, only six countries are expected to be having enough children to keep their populations stable: Africa’s Chad, Niger and Somalia, the Pacific islands of Samoa and Tonga, and Tajikistan, according to research published by the Lancet, a medical journal.

    The long-term solution to declining fertility rates, said Stefano Scarpetta, director for employment, labour and social affairs at the OECD, is to promote more gender equality and fairer sharing of work and childrearing.

    Chinese Premier Li Qiang has warned against a “vicious cycle” of economic decoupling from the West, as Beijing struggles to contain rising global pushback over soaring electric vehicle (EV) exports, report my CNN colleagues Juliana Liu and Joyce Jiang.

    Speaking to international executives at the “Summer Davos” forum in the northeastern city of Dalian on Tuesday, Li also defended his country against accusations that Chinese overcapacity in key green industries has led to dumping of products such as EVs and solar panels on global markets.

    The Justice Department and Boeing had reached an agreement in January of 2021 to settle charges that alleged the company defrauded the Federal Aviation Administration during the certification process of the 737 Max before it could carry its first passengers.

    The original article contains 1,443 words, the summary contains 238 words. Saved 84%. I’m a bot and I’m open source!

  • @HowMany@lemmy.ml
    -2•6 months ago

    Gee… I wonder what the aftereffects are from exploding over 5,000 nuclear bombs under the earth, and on the earth, and above the earth, and underwater, and on the water, and above the water? I wonder if there could be a residual problem? Do you think we might have damaged a couple of genes along the way? Maybe changed some genetic code? Some better, some worse?

    Gee. All the evil shit we’ve done to the planet is coming back to say “bye”.