I would question the author's description of the trend as 'civilizational morale'. That terminology suggests that the falling birth rates are due to Europeans feeling miserable, or unhappy or pesimistic about the future.
I would suggest that actually morale in Europe is very high, and that people are generally positive about their lifestyles and future. The falling birth rate is more about individuals choosing lifestyle over big families - a trend that as far as I am aware is occurring throughout the developed world.
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