Vatican: Global recession caused by low birthrate

“Bankers are not the cause of the global economic crisis, according to the president of the Institute for the Works of Religion. Rather, the cause is ordinary people who do not “believe in the future” and have few or no children.

““The true cause of the crisis is the decline in the birth rate,” Ettore Gotti Tedeschi, said in an interview on Vatican Television’s “Octava Dies.””