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Whoever said the consequences would be "minimal?" I'm saying they won't be apocalyptic. It's not the literal end of the world, as so many people are fretting about. People are deciding not to have children because they think humanity's going to go extinct in a generation or two.
Well there you go, then.
People are not having kids because they believe their children will be worse off than they are; that persistent inflation, natural disasters, famine, resource wars, actual wars, austerity, mass migrations, fascism/feudalism are all but guaranteed for a majority of humanity over the next century.
Barely anyone believes or cares about us going completely extinct.