EUROPE - Forget debt and deflation: the biggest threat to the global economy and the future of modern civilization as we know it, may be demographics, according to a recent Euromonitor study. Whereas over the past decade policymakers have been mostly focused on how to reverse the global infatuation with debt and how to reverse what appears to be a structural decline in inflation, an even more troubling trend has been observed in recent years: due to a culmination of factors including falling fertility rates, rising divorce rates and expensive real estate, family sizes across the world are shrinking.
And unlike in the past where this phenomenon was largely contained to Japan and a handful of developed nations, RBC notes that almost all countries are set to experience a decline in the number of children per household in the 2000–2030 period. More specifically, looking from 2015 out to 2030, Euromonitor expects developed markets to have a ~20% decline in the number of children per household and developing markets a ~15% decline. In fact, as the Canadian bank points out, it was as recently as 2012 when the number of couples without children globally surpassed the number of those with children.
“Just what is an APOSTLE?”
Today we find the Church of God in a “wilderness of religious confusion!”
The confusion is not merely around the Church – within the religions of the world outside – but WITHIN the very heart of The True Church itself!
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