Global fertility rates are falling, and many countries now have fertility rates lower than what is required to sustain the population.
People in developed countries have fewer children than in underdeveloped countries. Apparently, many in developed countries trust that technology and other people's children will take care of them when they grow older.
Why go through twenty years of raising a child when the welfare state will take care of us, using other people's children and resources? Why invest so much time and energy in raising a child when there is the option of buying pension insurance?
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