Monday, 30 March 2009
Taking the snip
Another unexpected growth industry in these pressing financial times. As the cheapest form of permanent birth control, more and more couples are resorting to vasectomies.
On a sociological level though we have to think seriously about the consequences of this though. Is this a form of economic castration?
Interestingly though, the trend is also linked to individual's expectations about long term economic prospects. If you don't feel secure in your job chances are you will be careful about expanding the family. This has been seen in the rise of economically motivated abortions. Will this become a new leading indicator for real economic confidence?
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