August 18, 2006

This Decline Is in More Than “Just” Population

Filed under: Economy, Soc. Sec. & Retirement, Taxes & Government — TBlumer @ 9:12 am

Germany in 2005: 686,000 births (down 2.8% from 2004; half as many in the early 1960s; and at 8.6 per 1,000 inhabitants, the lowest in the Europe); 830,000 deaths, and big problems:

The birth rate is exceptionally low in the former East Germany, where the city of Chemnitz is thought to have the lowest birth rate in the world.

Economists say Europe’s population decline threatens to damage economic growth for decades.

Those German kids will have quite a problem addressing this when they reach adulthood.

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