Pretty much.
The blame currently being pushed is inflation causes it. That is incorrect.
The 70s broke the birth rates id argue due to the creation of consumerism and technology which had never existed on the mass population level before. This resulted in prevention or withholding of family wealth being passed down and a breakdown of the family economy of scale via unity and priority of young family members.
To reverse birth rate decline, requires the creation of multi-generational living and restoration of family economy of scale. A huge Reduction of consumption taking us back to the level during the 50s-60s.
On topic, OF stupidity was created out of this mess. When women aren’t married, aren’t having kids, don’t want to get a job, this is what happens.
imagine just how much money is spent on phones alone, that wealth would be enough to end world hunger
Kids at 5 years old have a fucking 1k phone, older kids sometimes have at leasty two phones because they have contracts their parents cant get out of
Everything else we have now , its a throwaway society, nothing gets repaired anymore, TV, cooker, washing machine conks out we buy another
When my mum and dad bought their first house they slept on a mattress for 6 months because they couldnt afford a bed.
Back then a mortgage was the only loan people took out, it was shameful to be in debt.
Now its everything on credit
we had fuck all growing up, we had one holiday from when I was about 6 years old, a week at Pontins holiday camp, we didnt have a car, in fact we played football in my street, almost no one had a car, same street now has been made one way and has cars parked both sides of the road 24/7
Kids these days and young adults have a fucking breakdown if they cant get a signal on their phone