I’m no expert but part of the problem could be that Japanese women aren’t having kids.Japan is now one of the oldest,if not *the* oldest,of the world’s major countries.
Yes, if your population is steadily getting older your economy will shrink. You either need to have babies or have immigration. Japan chose neither.
27% of Japan is over 65. In the USA it’s only 15%.
“I’m no expert but part of the problem could be that Japanese women aren’t having kids.Japan is now one of the oldest,if not *the* oldest,of the world’s major countries.”
Back then, Rush said that the answer for us was to “Export Liberalism”, and we did just that, with women in Japan entering the labor force. The falloff in kids resulted, as it ALWAYS RESULTS from those policies.