$Tesla (TSLA.US)$ and SpaceX CEO Elon Musk wants people to have more babies.
I think one of the biggest risks to civilization is the low birthrate and the rapidly declining birthrate.”
—— Musk, the father of six said at the Wall Street Journal's annual CEO Council Monday evening.
And yet, so many people, including smart people, think that there are too many people in the world and think that the population is growing out of control. It's completely the opposite. Please look at the numbers — if people don' have more children, civilization is going to crumble, mark my words.”
—— Musk continued.
It's not the first time Musk has warned about the declining birthrate of the global population. In July, the tech billionaire said low and rapidly declining birth rates are "the greatest risk to the future of civilization" on Twitter.
Analysts at Morgan Stanley said in a note to investors in July that the "movement to not have children owing to fears over climate change is growing and impacting fertility rates quicker than any preceding trend in the field of fertility decline."
To support their argument, they pointed to surveys, academic research and Google data that shows climate change is directly and indirectly accelerating the decline in fertility rates.
Of course, if everyone stopped having children then humanity would eventually cease to exist. A fringe group of anti-natalists believe that's exactly what should happen, but most people don't share this view.
Indeed, many people see having children as a fundamental human right and one that can bring happiness and joy to families. Mooers, what do you think?
Source: CNBC, NEWYORKPOST

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By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock futures rose in early trading on Wednesday, after stocks continued their upward climb overnight from the omicron sell-off.
- Last year, Apple became the first American company to record a market value of $2 trillion. Another 6.8% gain will send its market cap to $3 trillion.
Market Snapshot
U.S. stock futures rose in early trading on Wednesday, after stocks continued their upward climb overnight from the omicron sell-off.
$Dow Jones Industrial Average (.DJI.US)$ futures lost 24 points, while $S&P 500 Index (.SPX.US)$ futures gained 2 points and $NASDAQ 100 Index (.NDX.US)$ futures were up by 0.2%.
Market Temperature
Read more: Market Temperature (12/8)
Top News
Futures point to more gains for u.s. stocks
U.S. stocks were poised for further gains, potentially pushing the S&P 500 toward record territory, amid optimism that the economic impact of Omicron will be less drastic than first feared. European and Asian indexes also broadly gained, while oil prices edged lower.
House votes to approve bill setting up process for lifting debt limit
House leaders introduced legislation that would pave the way for Democrats to raise the debt ceiling in the Senate without Republican support, as lawmakers closed in on a procedural agreement to resolve the partisan clash over lifting the borrowing limit.
Companies plan big raises for workers in 2022
Companies are planning for steeper wage increases next year than at any point since the 2007-2009 recession, according to a new report, amid a tight labor market and the highest inflation in three decades.
U.S. boosted oil and food exports in october, as the trade deficit narrowed
An increase in exports of energy and agricultural commodities outpaced growth in imports, which were restrained by a backlog at U.S. ports.
Supply-chain snags likely to persist, three ceos say
The chiefs of $Intel (INTC.US)$, $Wayfair (W.US)$ and $Accenture (ACN.US)$ each said that the disruptions rippling across the U.S. economy are improving for some companies but that long-term fixes might take much longer.
Facebook's head of messenger to leave company next year
Stan Chudnovsky's resignation is the latest in a series of high-profile departures from the social-media company. $Meta Platforms (FB.US)$
BlackRock to pull $2 trillion in assets from State Street
State Street was sole custodian for the investing firm's U.S. exchange-traded fund business for more than a decade. $Blackrock (BLK.US)$ $State Street (STT.US)$
Read More
Could Apple hit $3 trillion market valuation?
Elon Musk slams billionaire tax again
Are you a fan of meme stocks? The MEME ETF will be launched today!
Sector Valuation | Financial Services & Real Estate
Is VW still considering Porsche IPO?
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg