Major shrinkage for the Europeans...

Apparently Europe's population will be shrinking in 7 years as death rates will begin to surpass birth rates. The situation is so bad in Europe that immigration won't even make up for it:

"From 2015 onwards," the document says, "deaths would outnumber births and hence population growth due to natural increase would cease. From this point onwards positive net migration would be the only population growth factor. However from 2035 this positive net migration would no longer counterbalance the negative natural change and the population is projected to begin to fall."

Now with a combined total of 495 million people, the 27 nations that make up the EU would increase their population to a total of 521 million in 2035 before falling back to 506 million in 2060.

Population growth obviously has serious socio-economic implications for Europe as well as the global economy (remember the world is flat)

The document did not spell out these likely shifts, but they could include reduced funding for schools, heavy burdens on welfare and social security systems, and perhaps even a political push for much larger immigration, which is currently deeply out of favor with most European voters.

In case you're wondering how the U.S. stacks up:

The document deals only with population trends in Europe. According to another report published last year, the United States population will increase from 301 million to 468 million in 2060, including 105 million new immigrants.

No shrinkage in the U.S., well except for this guy...