The article kind of contradicts itself. Near the start I believe it mentioned how it wasn’t just a delay in births, but then when it gets down to the changes based on age, it very much indicates a delay, in that women below the age of 30 had a significant decline, but early 30s is the same and 35 and beyond is greater. Yes this is a decline since it’s harder to have a child past a certain age but it’s mostly a delay for now, although considering how our economy is also declining, this trend will increase
Yeah, I think the economic decline is the key bit here. People who aren’t having kids in their 20s, aren’t likely to have kids later in life either because their economic situation isn’t going to improve.
Actually think it would be smart to look at the average age of this demographic’s parents. Even in this economic climate there will be economic improvement for people as they age, albeit slower and less than before, but it will also be tied to when their parents pass and leave them with stuff
If the US suffers another big economic crash, which seems highly probable at this point, then there might not be any economic improvement in the foreseeable future. There’s just going to be mass immiseration.
I would argue that we’ve been in the middle of a recession/crash for the last 2 years, so I’m not sure how much would change. A market crash is a different story. They may or may not print their way out of a crash they can’t control but based on how the market rebounded from the tariffs, I feel like the market is completely and utterly rigged at this point, which means it won’t ever really crash
Inflation is the biggest thing that could happen, and we’re already experiencing it. Stagflation really. Sure we might have another situation that causes the markets to crash that they will likely print their way out of, but most of that inflation gets caught in equities. I think the pace of inflation the ordinary person experiences can’t get much worse at this point, and most people are already priced out of a home without inheritance money/assets. This is the tightest squeeze I feel the American populace has felt since the Great Depression, and many metrics point it’s worse; the only reason it doesn’t feel worse is because the normal person isn’t starving due to the difference in agricultural setting. But we’ll see. I think America will just continue to experience inflation at too large a pace and our economy will slowly crumble over the next 10-20 years as we lose our world reserve currency status
The market isn’t really an indicator of much of anything in my opinion. It’s literally just rich people’s feelings. What really matters is whether regular working people can make their ends meet. What’s been happening over the past couple of years is that wages are not keeping up with the rise in cost of living. Most Americans are already living on subsistence wages where they can’t even afford a small emergency expense. Now with inflation going up thanks to the tariffs, large swaths of the population are becoming insolvent. As a result people end up using credit card to pay their bills. Eventually people run out of credit and default on their debts, which is what we’re seeing starting to happen now.
Once enough people default on credit cards, car payments, and mortgages, the banks will be left holding bad debt. Mass defaults on mortgages was what precipitated the 2008 crisis, and required a massive bailout for the banks. Today the situation looks a lot worse because majority of the population never recovered to the level of savings they had in 2008.
What happens with each financial crash is that there’s a wealth transfer to the top. People who can’t afford to make it through the crash are forced to let go of their assets. Meanwhile, people at the top are in a position to scoop them up on the cheap. When the dust settles, majority of the population ends up on even thinner margins than before, and less able to absorb the next crash. Eventually, the whole house of cards has to come crashing down.
I mean this is all true but my point is it’s been happening since 08 non-stop. The house of cards is designed to function like this, and whenever there’s turbulence that might threaten it, the us govt prints their way out.
It feels like a perpetual crash is looming because they’ve designed the system to perfectly maintain a constant crash for ordinary people, and drip feed assets to the wealthy. I don’t see an event that stops this from happening until after the US loses the world reserve currency, which would necessitate a substantial decoupling between Europe and the US, which would necessitate more than just China as a competitive superpower
The key part is that this is a self reinforcing phenomenon. It’s not a linear progression where things are deteriorating in a predictable manner. All the different factors work together creating an accelerating crisis. Eventually tipping points will be reached when the whole house of cards struts to crumble. The catalyst will be when there’s a critical mass of people who can’t make ends meet and aren’t able to paper over that with credit. This has little to do with the dollar being the reserve currency. What matters far more are things like cost of energy, cost of imports, and the state of the domestic economy. All these things are now unravelling due to the proxy war with Russia and the tariff war with the whole world. Europe can’t keep the US economy afloat, and European economies are now collapsing even faster than the US is.
Well the reserve currency is the lynchpin in my opinion because it’s holding back a tidal wave of inflation, which would then cause the issues you’re describing to explode. Without the demand that status generates, the excess supply has nowhere to go. Our current crisis is a function of the massive printing during Covid that even the reserve currency status struggled to contain.
I feel like if Covid as a tipping point did not destroy this country im not sure what will. A lot of people are taking on debt, but there’s a lot farther they can fall. There are cheaper alternatives they will move to in terms of housing, food, etc. not everyone sits at the bottom but everyone can sit at the bottom and I think there’s still a lot to fall. Much poorer countries exist in much worse conditions. And the institutions whose value are based on that debt that won’t be paid back will just be bailed out like in 08 and during covid via printing. This is why the reserve currency is the lynchpin because they can only keep doing this if there’s external demand for dollars.
There already is a critical mass of people who are doing really poorly, but relatively. The issue is they’re not all entering that state at once, so the permanent crisis I describe in my prior comment is one of very many small crises happening, always. This both normalizes the situation but also prevents a large mass of people from being disenfranchised at once, making it hard for society to react as a mass unit. These smaller units will slip into conditions similar to poor countries, meaning they are still viable to live in even though they’re terrible, all driven by consistent inflation.
It’s a decentralized, slow and steady destruction that only affects small portions of the population at once. Unless inflation erupts at once it won’t ever effect enough people at the same time to cause a mass situation
I think the best marker of an imminent rapid decline is the middle-upper class/upper-class non elite. Like, think of people like doctors. These typically indicate the beginning of a revolution or a large change because they have enough money to live very well lives, but not enough to maintain them in the face of hard times, meaning their standard of living can shift the most out of any group of people, and they still represent a nominally large population. There are less of them than there once was but they still exist and I think are important to pay attention to
The article kind of contradicts itself. Near the start I believe it mentioned how it wasn’t just a delay in births, but then when it gets down to the changes based on age, it very much indicates a delay, in that women below the age of 30 had a significant decline, but early 30s is the same and 35 and beyond is greater. Yes this is a decline since it’s harder to have a child past a certain age but it’s mostly a delay for now, although considering how our economy is also declining, this trend will increase
Yeah, I think the economic decline is the key bit here. People who aren’t having kids in their 20s, aren’t likely to have kids later in life either because their economic situation isn’t going to improve.
Actually think it would be smart to look at the average age of this demographic’s parents. Even in this economic climate there will be economic improvement for people as they age, albeit slower and less than before, but it will also be tied to when their parents pass and leave them with stuff
If the US suffers another big economic crash, which seems highly probable at this point, then there might not be any economic improvement in the foreseeable future. There’s just going to be mass immiseration.
I would argue that we’ve been in the middle of a recession/crash for the last 2 years, so I’m not sure how much would change. A market crash is a different story. They may or may not print their way out of a crash they can’t control but based on how the market rebounded from the tariffs, I feel like the market is completely and utterly rigged at this point, which means it won’t ever really crash
Inflation is the biggest thing that could happen, and we’re already experiencing it. Stagflation really. Sure we might have another situation that causes the markets to crash that they will likely print their way out of, but most of that inflation gets caught in equities. I think the pace of inflation the ordinary person experiences can’t get much worse at this point, and most people are already priced out of a home without inheritance money/assets. This is the tightest squeeze I feel the American populace has felt since the Great Depression, and many metrics point it’s worse; the only reason it doesn’t feel worse is because the normal person isn’t starving due to the difference in agricultural setting. But we’ll see. I think America will just continue to experience inflation at too large a pace and our economy will slowly crumble over the next 10-20 years as we lose our world reserve currency status
The market isn’t really an indicator of much of anything in my opinion. It’s literally just rich people’s feelings. What really matters is whether regular working people can make their ends meet. What’s been happening over the past couple of years is that wages are not keeping up with the rise in cost of living. Most Americans are already living on subsistence wages where they can’t even afford a small emergency expense. Now with inflation going up thanks to the tariffs, large swaths of the population are becoming insolvent. As a result people end up using credit card to pay their bills. Eventually people run out of credit and default on their debts, which is what we’re seeing starting to happen now.
Once enough people default on credit cards, car payments, and mortgages, the banks will be left holding bad debt. Mass defaults on mortgages was what precipitated the 2008 crisis, and required a massive bailout for the banks. Today the situation looks a lot worse because majority of the population never recovered to the level of savings they had in 2008.
What happens with each financial crash is that there’s a wealth transfer to the top. People who can’t afford to make it through the crash are forced to let go of their assets. Meanwhile, people at the top are in a position to scoop them up on the cheap. When the dust settles, majority of the population ends up on even thinner margins than before, and less able to absorb the next crash. Eventually, the whole house of cards has to come crashing down.
I mean this is all true but my point is it’s been happening since 08 non-stop. The house of cards is designed to function like this, and whenever there’s turbulence that might threaten it, the us govt prints their way out.
It feels like a perpetual crash is looming because they’ve designed the system to perfectly maintain a constant crash for ordinary people, and drip feed assets to the wealthy. I don’t see an event that stops this from happening until after the US loses the world reserve currency, which would necessitate a substantial decoupling between Europe and the US, which would necessitate more than just China as a competitive superpower
The key part is that this is a self reinforcing phenomenon. It’s not a linear progression where things are deteriorating in a predictable manner. All the different factors work together creating an accelerating crisis. Eventually tipping points will be reached when the whole house of cards struts to crumble. The catalyst will be when there’s a critical mass of people who can’t make ends meet and aren’t able to paper over that with credit. This has little to do with the dollar being the reserve currency. What matters far more are things like cost of energy, cost of imports, and the state of the domestic economy. All these things are now unravelling due to the proxy war with Russia and the tariff war with the whole world. Europe can’t keep the US economy afloat, and European economies are now collapsing even faster than the US is.
Well the reserve currency is the lynchpin in my opinion because it’s holding back a tidal wave of inflation, which would then cause the issues you’re describing to explode. Without the demand that status generates, the excess supply has nowhere to go. Our current crisis is a function of the massive printing during Covid that even the reserve currency status struggled to contain.
I feel like if Covid as a tipping point did not destroy this country im not sure what will. A lot of people are taking on debt, but there’s a lot farther they can fall. There are cheaper alternatives they will move to in terms of housing, food, etc. not everyone sits at the bottom but everyone can sit at the bottom and I think there’s still a lot to fall. Much poorer countries exist in much worse conditions. And the institutions whose value are based on that debt that won’t be paid back will just be bailed out like in 08 and during covid via printing. This is why the reserve currency is the lynchpin because they can only keep doing this if there’s external demand for dollars.
There already is a critical mass of people who are doing really poorly, but relatively. The issue is they’re not all entering that state at once, so the permanent crisis I describe in my prior comment is one of very many small crises happening, always. This both normalizes the situation but also prevents a large mass of people from being disenfranchised at once, making it hard for society to react as a mass unit. These smaller units will slip into conditions similar to poor countries, meaning they are still viable to live in even though they’re terrible, all driven by consistent inflation.
It’s a decentralized, slow and steady destruction that only affects small portions of the population at once. Unless inflation erupts at once it won’t ever effect enough people at the same time to cause a mass situation
I think the best marker of an imminent rapid decline is the middle-upper class/upper-class non elite. Like, think of people like doctors. These typically indicate the beginning of a revolution or a large change because they have enough money to live very well lives, but not enough to maintain them in the face of hard times, meaning their standard of living can shift the most out of any group of people, and they still represent a nominally large population. There are less of them than there once was but they still exist and I think are important to pay attention to