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Russell, Charlie Robertson (ex Ren-Cap) has done some work on Fertility and economic growth in EMs, with a focus on Africa. I'm not sure how much can be generalised here, but his thesis is that high fertility countries are more prone to recurrent current account crises because they have insufficient domestic saving (as proxied by bank deposits).

https://chartercitiesinstitute.org/podcast/charter-cities-podcast-episode-52-education-electricity-fertility-and-economic-growth-with-charlie-robertson/

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I hope you are correct. My daughter just had her first (our first grandson) at 33 years 358 days and she hopes to have more. No eggs frozen so hope it works.

I would have thought that Japan would really be more aggressive than most countries on IBF or programs like this. I heard you mention this but I am surprised it has taken them this long to get in front of it.

Being a 60 year old man, I am not privy to conversation of 25 year old females but I am curious if there is any marketing push by governments for this that have programs for at least freezing eggs. Wouldn’t universities where women are getting advanced degrees be ripe candidates for educating their students in those countries that supporting this?

My only concern here is that Russell is trying to convince his wife that they need to “keep up with the Joneses” and have more children which might be biasing his investment thesis😉.

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Valentines Day is inflationary :-). But genuinely I’m expecting 2021-2022 data to be down as house formations must have been down during lockdowns. Zoom is impressive but it doesn’t have certain features. I enjoy these fertility posts. Cheers

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founding

not sure. possibly millennials will be reluctant to have too many children as they feel the world is falling apart. additionally marrying later in life compounds problems with biological clock.

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