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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Zincman who wrote (42639)	4/15/2013 1:15:08 PM
From: benwood	Read Replies (1) \| Respond to of 48092

In developed countries, it's the opposite correlation. What I've observed (I have three kids and know many of their twenty something counterparts) is a very strong commitment avoidance right now, which keeps down all sorts of obligations -- high paying job, medical insurance, buying a house, having kids. When times are tough, babies are less frequent. I would guess that in undeveloped countries, where SS is having a big family, the birthrate will just stay high. To reverse the birthrate in the US due to collapsing economy, we'd have to become an agrarian society again. That isn't going to happen. I expect the birthrate will drop for another few years, and hopefully rebound a bit again, implying the economy of producing stuff has some actual traction. But so long as the cost of stuff -- housing, tuition, insurance, medical -- continue to go up while incomes of those 30 and below continue to stagnate or go down, the birth rate will continue to decline.