We have. Demography stats show we're going to hit peak ahead of time, and enter a down trend. Worldwide trends are to less babies not more.
Curves don't feel like they're slowing down and I do agree the peak is north of where we are, but there is a peak coming, and a decline the other side.
Japan, China, Korea are all ahead of trend. Australia too but it's masked by immigration. Developing economies with high birthrates especially rural see huge declines with increases in local economy, opportunity.
The relevant peak would be the population at the consumption level of Americans/other developed countries.
Probably one of those 80/20 relationships, where 20% of the population is consuming 80%, so if you reduce total population, but there is still plenty of population that can pick up the slack of consumption, then peak population won’t be the beginning or the downward trend.
Curves don't feel like they're slowing down and I do agree the peak is north of where we are, but there is a peak coming, and a decline the other side.
Japan, China, Korea are all ahead of trend. Australia too but it's masked by immigration. Developing economies with high birthrates especially rural see huge declines with increases in local economy, opportunity.