Wednesday, October 26, 2011

Demographics Is Destiny...

... and the future belongs to "the only economic power with a fertility rate above 2.0 - and therefore the ability to outgrow debt - in sharp contrast to the demographic decay awaiting Japan, China, Korea, Germany, Italy, and Russia," or so argues Ambrose Evans-Pritchard from across the Pond — World power swings back to America. Not only that, our land "is well on its way to self-sufficiency in fuel and energy" and "'re-inshoring' is the new fashion."

(Also writing from across the Pond, Thomas Fleming announces the death of the parasite that's been sucking our country of her blood and treasure — The end of the American Empire: All that's left is timid little men pretending to be good.)

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Blogger Mark in Spokane said...

If these commentators are correct, then the best course of action is to withdraw our troops from overseas, focus on rebuilding our domestic economy, and protect American jobs via the judicious use of a tariff as the primary source of tax revenue for the federal government. Let it be!

October 26, 2011 at 10:33 PM  
Blogger Francis-Xavier said...

Is AEP really right, one wonders?

The American fertility rate of greater 2.0 is not a European-American or Asian-American fertility rate that is greater than 2.0, but an overall fertility rate that is above 2.0. Europe could easily increase its fertility rate to above 2.0 by inviting enough people from countries with very high fertility to immigrate. If this, or the American fertility rate guarantee growth might well be a good question.

October 27, 2011 at 1:26 AM  

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