A new CIA report out predicts that the European Union will collapse within 15 years if their welfare systems are not reformed. The report notes the increased life expectancy and the low birth rates. So they're basically facing what we are with Social Security, too many old people, not enough young people.
The report by the intelligence agency, which forecasts how the world will look in 2020, warns that Europe could be dragged into economic decline by its ageing population. It also predicts the end of Nato and post-1945 military alliances.
In a devastating indictment of EU economic prospects, the report warns: "The current EU welfare state is unsustainable and the lack of any economic revitalisation could lead to the splintering or, at worst, disintegration of the EU, undermining its ambitions to play a heavyweight international role."
The EU is also set for a looming demographic crisis because of a drop in birth rates and increased longevity, with devastating economic consequences.
The report says: "Either European countries adapt their workforces, reform their social welfare, education and tax systems, and accommodate growing immigrant populations [chiefly from Muslim countries] or they face a period of protracted economic stasis."
As a result of the increased immigration needed, the report predicts that Europe’s Muslim population is set to increase from around 13% today to between 22% and 37% of the population by 2025, potentially triggering tensions.
Tipped by: Free Will Blog (via Instapundit).