Category Archives: demographics

How the Unthinkable Became Thinkable: Eric Lander, Julian Huxley and the Awakening of Sleeping Monsters, by Matthew Ehret

Want to know where all these terrifying ideas about eugenics and population control through genocide came from? From Matthew Ehret at strategic-culture.org:

Will we see biotechnology serve the interests of humanity under a multipolar paradigm that cherishes national sovereignty, human life, family, and faith?

As much as it might cause us a fair deal of displeasure and even an upset stomach to consider such ideas as the hold eugenics has on our presently troubled era, I believe that ignoring such a topic really does no one any favors in the long run.

This is especially serious, as leading World Economic Forum darlings like Yuval Harari flaunt such concepts as “the new global useless class” which Artificial intelligence, genetic engineering, automation and the Fourth Industrial Revolution is supposedly ushering in. Other Davos creatures like Klaus Schwab call openly for a microchipped global citizenry capable of interfacing with a global web with a single thought while Elon Musk and Mark Zuckerberg promote ‘neuralinks’ to “keep humanity relevant” by merging with computers in a new epoch of evolutionary biology.

Leading Darwinian geneticists like Sir James Watson and Sir Richard Dawkins openly defend eugenics while a technocracy consolidates itself in a governing station using a “Great Reset” as an excuse to usher in a new post-nation state era.

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Covid-19 fear porn has cast a chill over love, sex, and birthrates, and we were damn fools to let it happen, by Robert Bridge

Evidently, people can be scared out of sex, or perhaps familiarity doesn’t breed anything but contempt. From Robert Bridge at rt.com:

 
Covid-19 fear porn has cast a chill over love, sex, and birthrates, and we were damn fools to let it happen
 
Instead of allowing the human spirit to triumph in the face of adversity, we cowered in our homes, prevented children from learning and playing together, and let our small businesses go up in flames. History will judge us badly.

Since it is well known that ‘familiarity breeds contempt’, it should come as no surprise that it also does little to breed babies. Even the most amorous lovebirds will go frigid when their wings have been clipped and predictions of impending doom scream from every mainstream channel. That may be the main takeaway from the radical experiment known as Lockdown 2020, as the US birthrate took an unexpected hit at a time when all the indicators were looking rosy.

The US birthrate didn’t just go wobbly last year, it plummeted a whopping four percent, marking the worst single-year decrease in nearly 50 years. To further break it down, birthrates fell eight percent for Asian American women, three percent for Hispanic women, and four percent for African American and Caucasian women. Locked-down Europeans are reporting similarly precipitous declines.

And no, this decline was not the result of caged couples wisely resorting to safe-sex practices. Sales of Trojan condoms slumped six percent during the three months ending Sept. 30, 2020, coming on the heels of a 13 percent decline in the previous quarter. In other words, when you hit ‘pause’ on life you may succeed at ‘flattening the curve’, but you will also flatten the libido.

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Deflation Threat Looms As China Suffers First Population Decline Since 1949, by Tyler Durden

China will not grow at anywhere the rate it has been if its population is shrinking. From Tyler Durden at zerohedge.com:

China is battling not one but three vicious demons. The interconnected issues of insurmountable debts, deflation, and demographics threaten to sap the world’s future growth potential. 

Fending off the 3 D’s: debts, deflation, and demographics requires the People’s Bank of China to slash borrowing costs and unleash an enormous amount of credit into the local economy to cover up the faltering demand that usually persists with demographic challenges.

The question we should be asking is China really on the “rise,” as President Xi Jinping believes: “the East is rising and the West is declining” or if the coming demographic crisis derails Xi’s global takeover plans.

Beijing desperately attempts to recover from its decades of disastrous ‘one-child policy,’ which officially ended in 2015 and was replaced by the current two-child policy.

According to FT’s sources, the latest Chinese census data, which was completed in December and has yet to be publicly released (the issue is reportedly so sensitive that it won’t be released until many government agencies reach a consensus on the data and its consequences), is expected to show the country’s first population decline since records began in 1949.

China’s total population is expected to print less than 1.4 billion, according to people familiar with the census report, and if it is reported, the peak in China’s population came five years earlier than the United Nations predicted.

But, as Bloomberg notes, the trend is hardly surprising. China’s birth rate has been in decline for years and the introduction of the two-child policy in 2016 failed to make a dent. The number of newborns in 2019 fell to 14.65 million, a decrease of 580,000 from the year before. To cope with the shrinking population, a PBOC study last month urged a drastic overhaul of the policy to encourage “three or more” children per household. It called for a total lifting of any restrictions to “fully liberalize and encourage childbirth” to reverse the current four-year straight decline in births nationwide.

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Consequences – They are unavoidable, by Bill Blain

Artificially suppressed interest rates and low birth rates have their consequences. From Bill Blain at morningporridge.com:

“We may choose our paths, but we can’t choose the consequences that come with them.”

This morning: Consequences are unavoidable. Pension savers are crushed by interest rate repression and the changing demographics of Covid, while the deluge of debt fuelled by low rates does nothing for economic sustainability.

One of the things any investor must understand is that everything has consequences. There are always consequences. They are unavoidable. 13 years of monetary experimentation by central banks has profound consequences. For everybody.

A few days ago my colleague, Mike Hollings, CIO of Shard, and I put together a vlog on shifting market conditions. I’ve known Mike for decades, and we both agree it’s the consequences of the last 13 years of monetary distortion (since the beginning of the Global Financial Crisis that began in 2007) that present the greatest long-term challenges for markets. (You should be able to see some highlights of our chat in the latest Shard Lite-Bite video later today.)

One of the issues we covered was the effect of repressed interest rates on savings – and how challenging these will be to the expectations of current pension plans. Sure enough, bang on time, there are two stories in the market this morning that throw our concerns into stark reality.

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U-Haul Reveals 2020 Migration Trends As Pandemic And Taxes Take Toll, by Tyler Durden

They’re leaving the totalitarian states and headed towards the states that have preserved a vestige of freedom. From Tyler Durden at zerohedge.com:

A new report has found that Tennessee posted the largest net gain of U-Haul trucks than any other state in 2020, making it U-Haul’s top growth state for the first time.

Growth rates are determined by the net gain of one-way U-Haul trucks entering a state versus leaving that state in a given year. U-Haul keeps tabs on more than two million one-way U-Haul truck customer transactions annually, allowing the company to observe migration trends, according to the report published by U-Haul.

“Tennessee’s influx of do-it-yourself movers during a turbulent year marked by the coronavirus pandemic means that a state other than Florida and Texas tops the growth rankings for the first time since 2015 when North Carolina led the way,” the report said.

Texas and Florida were the top two other destinations. For three consecutive years, Texas had the largest net gain of one-way U-Haul trucks before Florida displaced it for the number one spot last year.

Before the pandemic, Americans fled liberal-run states and metro areas because of high taxes to conservative states that were business-friendly, such as Texas and Florida. The pandemic certainly amplified the exodus.

Ohio, Arizona, Colorado, Missouri, Nevada, North Carolina, and Georgia made up the rest of the top ten states with a net gain of one-way U-Haul trucks.

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The Time Of The Golden Agers, by the Zman

One reason the coronavirus is receiving so much attention and hysteria is because its disproportionately killing the baby boom generation, and everything that generation has done has received disproportionate attention. From the Zman at theburningplatform.com:

Major social events are often a lot like moving furniture around the house. Moving the bookcase from one side of the room to the other is a mundane task. What you find behind it, however, can be quite interesting. Sometimes you find something you searched high and low for at some point. Other times you find something that you never knew was missing. Maybe just moving things around a bit gives you a new perspective on your living space that leads to other changes in your environment.

That’s how big social events feel sometimes. The event itself is not as important as what it reveals. Maybe you find out your neighbor is a bit of kook, who quietly has been stocking the basement with dried food and ammunition. Maybe we learn that the local government is more useless than anyone imagined possible. The Chinese pandemic is one of those events that will be more important for what it reveals than for the impact of the virus itself, unless you die from it, of course.

For example, we are getting a glimpse of what the great Baby Boomer retirement is going to look like in the coming decade. If we execute all of the people, who like debating the precise dates of generational divisions, we can agree that the cohort in question is roughly those who came of age in the late 1960’s and the late 1970’s. Two waves of the post-war baby boom. Right now, the number of elderly people grows by an average of 2.8 percent annually. It will peak at about 80 million.

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America Hasn’t Always Run Huge Deficits, by Bill Bonner

Once upon a time the US was not a profligate nation. In fact, its citizens saved and invested and didn’t borrow money. From Bill Bonner at bonnerandpartners.com:

BALTIMORE, MARYLAND – Round us swirls a blinding dust of accusations… slurs… mad dogs… lost thoughts… and screwball ideas…

“You dog-faced pony soldier,” says a rattled Joe Biden to a student protester.

Senator Romney is a “pompous ass,” says the President of the United States.

The Trump Team’s budget for 2021 came out yesterday. The press said it planned to “slash the safety net.” The Democrats said it was “dead on arrival.” The Wall Street Journal had this comment:

The $4.8 trillion budget for fiscal 2021, released Monday, assumes that economic growth will be stronger than most forecasters project. To hit its targets, the budget excludes tax cuts the administration may propose later and includes spending cuts that are vague, unlikely to advance in Congress, or both.

“A lot of specific policies are meaningful, but the overall numbers are largely phony,” said Marc Goldwein, senior vice president at the Committee for a Responsible Federal Budget, a group that favors deficit reduction.

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“The 2-Child Policy Has Failed”: China’s Birth Rate Hits Record Low As Growth Slows, by Tyler Durden

At its present birth rate China cannot sustain the growth rates that have made it an economic powerhouse. From Tyler Durden at zerohedge.com:

China finally abandoned its controversial one-child policy in November 2013. But more than six years later, millions of Chinese couples are still unwilling to have a second child. And that’s a huge problem for the Communist Party, whose legitimacy in the eyes of the public depends on its ability to deliver on promises of unbridled growth and prosperity.

And who can blame them? Entrenched behaviors die hard, and after the government’s brutal treatment of citizens who defied its policy (which was initially imposed to ward off famine), we can sympathize with Chinese who simply believe that having two children isn’t in keeping with the fundamentals of patriotic socialism with Chinese characteristics.

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Our Real Existential Crisis — Extinction, by Patrick J. Buchanan

Demographics can be destiny, and the demographics of the peoples responsible for much of Western Civilization portend a bleak future. From Patrick J. Buchanan at buchanan.org:

Our Real Existential Crisis -- Extinction

If Western elites were asked to name the greatest crisis facing mankind, climate change would win in a walk.

Thus did Time magazine pass over every world leader to name a Swedish teenage climate activist, Greta Thunberg, its person of the year.

On New Year’s Day, the headline over yet another story in The Washington Post admonished us anew: “A Lost Decade for Climate Action: We Can’t Afford A Repeat, Scientists Warn.”

“By the final year of the decade,” said the Post, “the planet had surpassed its 2010 temperature record five times.

“Hurricanes devastated New Jersey and Puerto Rico, and floods damaged the Midwest and Bangladesh. Southern Africa was gripped by a deadly drought. Australia and the Amazon are ablaze.”

On it went, echoing the endless reports on the perils of climate change to the planet we all inhabit.

Yet, from the inaction of the carbon-emitting countries like India, China, Russia and the USA, the gravity with which Western elites view the crisis is not shared by the peoples for whom they profess to speak.

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Females & Births, As Rudimentary As We Can Get, by Chris Hamilton

Demographic charts say deleveraging, deflation, and depression are in our future. Read ’em and weep. From Chris Hamilton at econimica.blogspot.com:

First, chart of the century…literally.  For those engrossed in the current and engulfing repo fiasco, QE, and monetization…it is helpful to pull back and clarify what it is that is causing the existing economic and financial system to fail?  It was, is, and will be a Ponzi to its last day and Ponzi’s fail for lack of new suckers.  In this case, those willing and able to undertake new credit (debt) that enlarges the money supply in our fractional reserve system.  The chart below shows the global annual growth of the 20 to 65 year-olds versus 65+ year-olds (both excluding Africa).  20 to 65 year-olds world over utilize credit (debt) while 65+ year-olds extinguish debt (deleverage).  So long as the growth of those levering up outstripped those deleveraging, the system could continue.  But as you’ll note, in 2008, the entire global system shuddered as accelerating growth of potential workers ceased and began decelerating…while the growth of non-workers accelerated.  By about 2024, the annual growth of non-workers (deleveragers) will overtake annual growth of potential workers (debtors).  Those rapidly extinguishing debt in old age will outnumber those undertaking the new debt.  Those in retirement or in death offloading assets will outnumber those buying those assets.  The non-technical name for this is a “shit-show” and this is why central banks, federal governments, and ultra wealthy are aligning ever tighter to save themselves.