Tuesday's HOT MIC
We knew the news about European birthrates, right in the cradle of Western civilization, was bad, but this bad?
Europe's tiredness can also be seen in a generational conflict embodied in the alarming rise of public debt. In Italy, the political establishment was recently shaken up by the election of two major populist parties. It is a country with a public debt of 40,000 euros per capita, and a tax burden equal to 43.3% of GDP. The average age of the population is the third oldest in the world, together with one of the lowest birthrates on the planet, one of the lowest retirement ages in Europe and the highest social security spending-to-GDP ratio in the Western world. It is also a country where pensions account for one-third of all public spending and where the percentage of pensioners in proportion to workers will rise from 37% today to 65% in 2040 (from three workers who support one pensioner to three workers who support two pensioners).
An Islamist challenge to this tired and decaying society could be a decisive one. Only Europe's Christian population is barren and aging. The Muslim population is fertile and young. "In most European countries—including England, Germany, Italy and Russia, Christian deaths outnumbered Christian births from 2010 to 2015," writes the Wall Street Journal.
My response on Twitter:
My new book on the subject, The Fiery Angel, shown above, will be published on May 29. Just got the bound galleys, and they look great. Pre-order now, because it will sell out on Day One.