In the US, seems that people don’t want to make wawas anymore. I don’t know what the birth rate is here in Peru, but I sure see a lot of wawas every day.
It makes sense, people have more babies when their outlook on life is more optimistic. The only issue I have with the article is this:
A lot of English language news refers to Japan in terms of “lost decade”, but this so called “lost decade” has lasted from the late 1980s until today.
But have no fear USA, Bernanke sez he’ll just print up more money. Printing money has sustained the US economy for 30 years, why stop now?
Words fail me, take it away Bruce…
The so-called economic growth in the so-called developed world will continue somehow or other because the old guys in suits that run the place will find a way to spin it that way. They’re desperate for you to believe that you need their whizdumb and leadership. They need you to build up their ego, so they can sip their expensive wine and eat their caviar at Davos every year.
Look, I’m really not pessimistic. I’m happy with my life, my family, my wawa. Rant over 🙂