EUROPE'S BIRTHRATE WAR, THE WELFARE STATE CAN'T SURVIVE THIS
Let’s not sugarcoat this: Europe is aging into irrelevance. Fertility rates are tanking across the board, and what’s coming isn’t just a demographic slump; it’s a full-blown societal crack-up. The quiet part nobody wants to say out loud? The European welfare state, that post-war miracle of solidarity, healthcare, pensions, and social safety nets, cannot survive without babies. And we’re fresh out. Look at the numbers. Replacement-level fertility is 2.1 children per woman. Italy is at 1.2....