Over_ed said:K2-HMFIC said:BonfireNerd04 said:Logos Stick said:
One big issue is that the decline won't be geographically isolated. That means all the current infrastructure - electrical grid, roads, bridges, water, sewage, etc... - will have to be maintained with fewer people to do it. That's a disaster in the making.
Look at Detroit: A city of 650k people with infrastructure left over from 1950 when it had 1.8 million people.
I think this could be a big deal if fertility rates continue but I think there's some reason for optimism that the "delayed" birth model will kick in the next few years and slow things down.
Little chance. Average age of woman's first child continues to go up. 27.5 now. And will continue to go up (e.g., rising housing costs). higher age of first child demographically almost certainly means lower fertility rate over a woman's lifetime.
Sure, lower fertility levels over time but we're closer to maintaining replacement levels as opposed to just bottoming out.