Fertility collapse in Europe

[Leonardo Giuffrida]

I believe that European policymakers so far have been definitely underestimating the falling fertility rate across several countries, which potentially could lead to a further downward twist in the demographic spiral. I was wondering what your opinions about that are. This article

http://www.economist.com/node/21557774

was published in the Economist a couple of weeks ago and deals with such an issue in depth.